Python Program for simple interest

Simple interest formula is given by: Simple Interest = (P x T x R)/100 Where, P is the principal amount T is the time and R is the rate

Examples:

EXAMPLE1:
Input : P = 10000
        R = 5
        T = 5
Output :2500.0
We need to find simple interest on 
Rs. 10,000 at the rate of 5% for 5 
units of time.

EXAMPLE2:
Input : P = 3000
        R = 7
        T = 1
Output :210.0

The principal is 8
The time period is 6
The rate of interest is 8
The Simple Interest is 3.84

Time complexity: O(1)

Auxiliary Space: O(1)

#Please refer complete article on Program to find simple interest for more details!