Java Program to calculate Simple Interest | Step by Step Tutorial
Welcome to our Java Simple Interest Calculator tutorial! In this video, we'll guide you through creating a simple Java program to calculate the simple interest for a given principal amount, interest rate, and time period. Whether you're new to Java or looking to practice your coding skills, this tutorial is perfect for you. 💰🔢
👉 What you'll learn:
Basics of Java programming
Variables and data types
Mathematical operations in Java
How to calculate simple interest using Java
📘 Java Simple Interest Calculator Code:
java
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// Java program to calculate simple interest
/*
Java Program to Calculate Simple Interest
Simple Interest = (P x T x R)/100
Where,
P is the principal amount
T is the time and
R is the rate
*/
import java.util.Scanner;
public class SimpleInterest {
public static void main(String[] args) {
Scanner sc = new Scanner(System.in);
System.out.print("Enter Principle Amount: ");
double P = sc.nextDouble();
System.out.print("Enter Time: ");
double T = sc.nextDouble();
System.out.print("Enter Rate: ");
double R = sc.nextDouble();
double SI = (P * T * R) / 100;
double TotolAmount = P + SI;
System.out.println("Simple Interest: " + SI);
System.out.println("Total Amount: "+TotolAmount);
}
}
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