Java Program to find simple interest
Sample Input 1:
Enter the number of years: 1 Enter the Rate: 10 Enter the Principle Amount: 1000
Sample Output 1:
100
Program or Solution
import java.util.*;
class SimpleInt
{
public static void main(String args[])
{
int no,pa;
double rate,si;
Scanner sc=new Scanner(System.in);
System.out.println("Enter The Number Of Months:");
no=sc.nextInt();
System.out.println("Enter The Rate:");
rate=sc.nextDouble();
System.out.println("Enter The Principle Amount:");
pa=sc.nextInt();
si=(pa*rate*no)/100;
System.out.println("The Simple Interest Is:"+si);
}
}
Program Explanation
Get principal pa, number of months no and rate of interest rate as inputs.
(using scanner class) calculate Simple Interest Si by formula Si= pa*no*rate/100 print Simple Interest Si using system.out.println.