Write a Python Program to Calculate Simple Interest

In this tutorial, we will discuss Write a Python Program to Calculate Simple Interest and this python program we are going to learn the concept of Calculate Simple Interest in the python language.

Python Program to Calculate Simple Interest

In this python program to calculate the Simple Interest.

princ_amount = float(input(" Please Enter the Principal Amount : "))
rate_of_int = float(input(" Please Enter the Rate Of Interest   : "))
time_period = float(input(" Please Enter Time period in Years   : "))

simple_interest = (princ_amount * rate_of_int * time_period) / 100

print("\nSimple Interest for Principal Amount {0} = {1}".format(princ_amount, simple_interest))

Here The #Output the final Calculate simple Interest.

Please Enter the Principal Amount : 600
 Please Enter the Rate Of Interest   : 5
 Please Enter Time period in Years   : 15

Simple Interest for Principal Amount 600.0 = 450.0