Write a Python program to calculate the amount payable if money has been lent on simple interest.

Q. Write a Python program to calculate the amount payable if money has been lent on simple interest.

Principal or money lent = P, Rate = R% per annum and Time = T years. Then Simple Interest (SI) = (P x R x T)/ 100.

Amount payable = Principal + SI.

P, R and T are given as input to the program.

Answer:-

P = float(input("Enter Principal"))
R = float(input("Enter Rate of interest"))
T = float(input("Enter Time"))
SI = (P * R * T)/100
A = P + SI
print("Amount to be payable is :- ", A)

Output :-

Enter Principal :-25000

Enter Rate of interest :-5

Enter Time :-5

Amount to be payable is :- 31250.0

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