🚀 Programming Example
Program to find the simple interest.
In this program you will learn how to find the simple interest. Lets first understand the concept of simple interest then we will write our code.
📌 Information & Algorithm
- The initial money borrowed or lent out for a certain period is called the Principal (P).
- The extra money paid for using others money is called Interest.
- The total money paid back to the lender at the end of the time period (T) for which the principal is borrowed is called an amount (A).
- The rate at which the interest has to be paid per annum is called rate of interest (R).
💻 Program Code
#include"stdio.h"
void main()
{
// variable declaration
int p,r,t,si;
// take values from user
printf("enter principle, Rate of interest & time to find simple interest:\n ");
scanf("%d%d%d",&p,&r,&t);
// Calculate simple interest
si=(p*r*t)/100;
// Print result
printf("simple intrest= %d\n",si);
}
🖥 Program Output
enter principle, Rate of interest & time to find simple interest:
1000 8 2
simple intrest= 160
Press any key to continue . . .
🎯 How to learn from this example
First understand the algorithm carefully. Then study the program line-by-line and compare it with the output. Finally, review the explanation section to strengthen your logic and programming understanding.
🔥 Practice suggestion
Rewrite the program without looking at the code. Modify values, conditions or logic and run it again. This helps improve confidence and strengthens coding skills much faster.