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Java program to calculate Simple Interest
Simple Interest in Java - This program will read Principal, Rate and Time from the user and calculate the Simple Interest.
Simple Interest using Java Program
//Java program to calculate Simple Interest.
import java.util.*;
public class SimpleInterest{
public static void main(String []args)
{
double p=0,r=0,t=0,si=0;
//Scanner class to take user input.
Scanner X = new Scanner(System.in);
System.out.print("Enter Principle : ");
p = X.nextFloat();
System.out.print("Enter Rate of Interest: ");
r = X.nextFloat();
System.out.print("Enter Time in years : ");
t = X.nextFloat();
//Formula of simple interest.
si = (p*r*t)/100;
System.out.print("Simple Interest is :"+si+"\n");
}
}
Output
me@linux:~$ javac SimpleInterest.java
me@linux:~$ java SimpleInterest
Enter Principle : 10000
Enter Rate of Interest: 10
Enter Time in years : 1
Simple Interest is :1000
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