Java Program To Calculate Simple Interest

Chapter: Interview Programs Last Updated: 22-06-2016 18:18:41 UTC

Program:

            /* ............... START ............... */
                
import java.util.*;

public class JavaSimpleInterestExample {
	
	public static void main(String []args)
    {
        double p=0,r=0,t=0,si=0;
         
        //Scanner class to take user input.
        Scanner value = new Scanner(System.in);
         
        System.out.print("Enter Principle : ");
        p = value.nextFloat();
         
        System.out.print("Enter Rate of Interest: ");
        r =  value.nextFloat();
         
        System.out.print("Enter Time in years : ");
        t =  value.nextFloat();
         
        //Formula of simple interest.
        si = (p*r*t)/100;
         
        System.out.print("Simple Interest is :"+si+"\n");
                 
    }
}
                /* ............... END ............... */
        

Output

Enter Principle : 100000
Enter Rate of Interest: 10
Enter Time in years : 5
Simple Interest is :50000.0

Tags

Calculate Simple Interest, Java, Interview Programs

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