Miscellaneous
Java Program to Calculate Simple Interest
A Java program to calculate Simple Interest.
Problem Description
Write a Java program to calculate Simple Interest.
Code
public class SimpleInterest {
public static void main(String[] args) {
float p, r, t, si;
p = 13000;
r = 12;
t = 2;
si = (p * r * t) / 100;
System.out.println("Simple Interest is: " + si);
}
}Output
Simple Interest is: 3120.0Explanation
- Formula:
(P * R * T) / 100.
