Python Program To Calculate Simple Interests.

In this python basic program, we will calculate simple interests using the formula P+(P/r)*t.

Take the principal amount, rate of interest, and number of years as input.
Calculate the simple interest using the formula P+(P/r)*t, where P is the principal amount, r is the rate of interest, t is the number of years.
Print the output.

				
					p = 1000
r = 10
t = 2

amount = p+(p/r)*t

print("Amount payable: ",amount)

Output :

				
					Amount payable:  1200.0

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Python program to calculate simple interests.