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simple interest program in python user input

6. - GitHub - abudar1940/pyBubbleSortNBinarySearch: A simple program written in Python that asks the . In Python, we have the input() function to allow this. As we already know the mathematical expression to calculate the simple interest understand the code logic will be easier. Output By Using Static Input Value Python Output: Simple & Compound Interest. Take the age of the user as a number and store it in a variable # 3. The formula behind this Simple Interest calculation is. Step 2: Then, we ask the user to set the rate of interest and the time period for which the principal amount is invested. Call the simpleInterest() function to calculate the simple interest for user given data. I 'm trying to run this program by having it accept 3 parameters for my functions and using it to calculate compounded interest over the time period. Now, let's try to put the equation in our first Python program. R is the rate. Multiply it with 10 and divide the result by 10 # 3. . how many perfect squared lie between 1 and 400. formula is given by-. Output. # input values required principal_amount = 10000 time = 4 rate_of_interest = 14 # calculate the simple interest simple_interest = (principal_amount . In this example, Python executes the first line and requests the user to input his/her name. Figure 1 : Python Idle console Click File -> New File This will open a new editor. The syntax for input() is: input([prompt]) where prompt is the string we wish to display on the . Python 3.6 uses the input () method. Python. - Investopedia Logic After taking input (Principle, Rate, Time) from the user we have to use a very [] In the following example, we'll use principal and rate of interest as float values and time as int value just for the sake of simplicity. The method input () reads the input of the user as a string. To calculate the simple interest, we have used this formula: Program to Calculate Simple Interest Simple Interest (SI) = (P*T*R)/100 Where, P represents Principal Amount T represents Time R represents Rate of Interest Example: Let P = 20 R = 5 T = 1 SI = (P*R*T)/100 = 1 Let's see different ways to find Simple Interest. Simple interest formula is given by: Simple Interest = (P x T x R)/100. Python Program for Efficient program to print all prime factors of a given number. After the end program, print the simple interest. Step 4: print the simple interest value. It is calculated on the main amount of loan. Next, calculate the simple interest using this SI = (P * N * R)/100 formula. Python Program to Find Factorial of a Number. Algorithm: Start. Open your python idle console. Related Questions. To allow flexibility, we might want to take the input from the user. Java Program to Calculate Simple Interest Example 1. The value of variables was defined or hard coded into the source code. # A simple Python3 program to calculate # Simple . Step by step descriptive logic to calculate simple interest. Use Python to calculate ( ( (1+2)*3)/4)^5. The steps to do Python Tkinter simple interest program: Import python Tkinter module Design Tkinter window Add widgets to the main window Write code for buttons So let us discuss which widgets are required to create Python tkinter simple interest program. Python In this example, you will find simple interest in python based on user input. Python Input. Simple Interest Program in Python using Function 1: Python Program to Calculate Simple Interest Use a python input () function in your python program that takes an input from the user. 2)Write a function that checks whether a number is in a given range (inclusive of high and low) python. Python Program To Display Calendar. input () raw_input () Both basically do the same task, the only difference being the version of Python, which supports the two functions. Example Live Demo P = 1000 R = 1 T = 2 # simple interest SI = (P * R * T) / 100 print("simple interest is", SI) Output $ python simple_interest.py Enter values p: 100000 n: 3 r: 10.5 Simple interest value: 31500.00 Print Simple Interest using format method # Compute simple interest for the user inputs p, n and r. Write a program that reads a number of seconds and prints it in form : mins and seconds, e.g., 200 seconds are printed as 3 mins and 20 seconds. Simple Interest = (P x T x R) / 100. Here we have provided two programs that calculate the simple interest when the user provides the principal, rate, and time. We will use user-input as the file name. Take the user input for the amount, time and rate of interest for calculation of the simple interest in years. Here is the simple Python code to calculate simple interest. Finally, print the resultant value of SI. Tagged: Python Programming Python Programs Python Programming Examples. Python 2.7 uses the raw_input () method. In this example, you will find compound interest in python based on user input. STEP 3: Use a print statement in the python programming language to print the value of . Line 1-2: Import Python libraries. To achieve this in Python, you can make use of multi-threading. Up until now, our programs were static. So let's write a Program to Calculate Simple Interest. Write logical expressions corresponding to the following statements in Python and evaluate the expressions (assuming variables num1, num2, num3, first, middle, last are already having meaningful values): a) The sum of 20 and -10 is less than 12. b) num3 is not more than 24 c) 6.75 is between the values of integers num1 and num2. STEP 2: Calculate the simple interest using the formula (p*n*r) / 100. Simple interest formula is given by: Simple Interest = (P x T x R)/100 Where, P is the principle amount T is the time and R is the rate. Python Program for simple interest. Python Example to Accept Input From a User. SI = (P x T x R)/100 Where, P is the principle amount T is the time and R is the rate Python program to calculate Simple Interest. Your daemon would run in the background, by setting daemon=True when creating the thread. Simple interest is a quick and easy method of calculating the interest charge on a loan. Methods of Inputting Data. The Simple interest is calculated on the main loan amount. For reading this value, we are using the 'input ()' method. Simple Python Program To Make The Learning Process Simple And Interesting Program to Check whether Year is a Leap Year or not Program to Check Vowel or Consonant Program To Add Two Binary Numbers Program To Add Two Numbers Program to Check If a number is Prime or not Program to Check If number is Even or Odd Program to Find Factorial of Number Simple interest is determined by multiplying the principal by the daily interest rate multiplied by the number of days elapsed between payments. Finally, we will use the print () function to display those variables on the screen. Enter the Rate Of Interest: 8.25. Take the user name as input and store it in a variable # 2. 10,000 at the rate of 5% for 5 units of time. In this example, we will use the input () function to take input from the user for the principal amount, time, and rate. p = 1000 t = 5 r = 4 si = (p * t * r)/100 print ('The Simple Interest is', si) Output of the above code: The Simple Interest is 200.0 Java program to calculate Simple Interest In the given example, we have defined the value of principal, rate, and time. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments. After entering the value from the keyboard, we have to press the "Enter" button. Simple Interest = (P x T x R)/100. program, python-program / By vasu This is a Python program to find the simple interest for a principal amount at a given rate for a given time. For example, If the user input the principal value = 1900, rate of interest = 2 and time = 2, then our program will return '76.0. d) The string 'middle' is larger than the string . 55 Likes. To calculate compound interest, we use the following formula : P(1 + R / 100)T. Here, P = Principal, R = Rate of Interest in % per annum, and T = time in years. View Answer Bookmark Now. . Math Module acos () Function in python. This amount is also termed as Principal. Python program to calculate the simple interest using user provided values : Simple interest is different than the compound interest. Input: Principle (amount): 1200, Time: 2, Rate: 5.4 Output: Compound Interest = 133.099243. To find the compound interest use, Compound interest = A - P Mathematically, Input :- P = 5000 r = 5/100 = 0.05 n = 12 t = 10 If we plug those figures into the formula, we get the following A = 5000 (1 + 0.05 / 12) ^ (12 * 10) = 8235.05 Compound Interest = A - P = 8235.05 - 5000 = 3235.05 Where, P is the principal amount. Take a number as input from the user # 2. To find simple interest, use the formula given below: SI = (P*R*T)/100 here SI indicates to Simple Interest, P indicates to principle amount (deposited/loan amount), R indicates to rate of interest (%), and T indicates to time (in years). STEP 1: Import the Header Libraries to use the built-in functions in the C program such as stdio.h. Program 3: Find the Simple Interest in Java. Simple interest Simple interest is a simple way to calculate the interest on a loan. "write a python program to find simple interest and compound interest" Code Answer. The above formula gives the total amount. Step 3: After taking all the three required variables from the user, we will use the compound interest formula, i.e., "Total Amount = P (1+r/100)tp," on these . Find simple interest using formula SI = (principle * time * rate) / 100. Convert the values to an integer using float and int data type. Algorithm : Get the required input from the user by using input statement for 'n' represents the range. Formula. By using those values, this program finds the . Python program to read a number in n and prints n2 n3 n4; 8. Formula Simple Interest = (P R T)/100 where P = Principal Amount, R = Rate per Annum, T = Time (years) Algorithm Next, calculate the simple interest using this SI = (P * N * R)/100 formula. Python program to take the temperatures of all 7 days of the week and displays the average temperature of that . We will use "*" and "/" arithmetic operators of Python to calculate that. Enter amount: 5000 Enter time: 2 Enter rate: 18 Simple interest is: 1800.000000 Compound interest is: 1962.000000. Write a program to input a number and print its first five multiples. T is the time in years and. Posted by By Niraj Posted in Python Programs 01/06/2022 In this post, you will learn how to calculate simple interest in Python. Python - Fibonacci Series Program Python - Fibonacci Series Program Source Code Aim : To write a program to find the 'n' fibonacci series in python. The method input () reads the input of the user as a string. That means we are able to ask the user for input. Using the if-elif-else conditions, we are checking the type of the user input. Problem 4. In this program, we will find the principal, rate of interest, and time period by using a user-defined function. EXAMPLE1: Input : P = 10000 R = 5 T = 5 Output :2500.0 We need to find simple interest on Rs. Algorithm to Calculate Simple Interest Program in Python Take input from the user for principle, rate, and time. Python Python Funda CBSE. Problem State. Based on the input type, we are calling the required function defined above. The following example asks for the username, and when you entered the username, it gets printed on the screen: Python 3.6 It will read it and save it in the user_input variable. Then the input () function reads the value entered by the user. Therefore, initially we must convert it to float. The following are the ways of inputting data from the user: -. Let us have a look at the formula for calculating the compound interest. To find simple interest, use the formula given below: The simplest interpretation here is to use a daemon thread. So, without further ado, let's begin this tutorial. raw_input was used in older versions of Python, and it got replaced by input () in recent Python versions. The formula for calculating simple interest is (P x R x T) / 100, where P is the principal amount, R is the rate of interest and T is the time period.. We will be using the same formula in our program to compute simple interest. = (P * R * T)/100 Where S.I. Your main logic would go in the main function. Python Functions. how to xor two element in python. By using those values, the program calculates Simple Interest using the above-specified formula. Simple Interest is the convenient method used in banking and economic sectors to calculate the interest charges on loans.It gets estimated day to day with the help of some mathematical terms. If you enjoyed this post, share it with your friends. Simple Interest = (P x T x R)/100 Where, P is the principal amount T is the time and R is the rate If P = 1000,R = 1,T = 2 Then SI=20.0 Now let's see how we can implement a simple interest calculator in Python. Here are the list of programs on simple interest using Python: Calculate Simple Interest without using Function; Using user-defined Function; But before going through these programs, let's understand about the formula used to calculate simple interest. Step 5: Stop. Let us have a look at the formula for calculating the simple interest. Quick Algorithm to Calculate Compound Interest Python program to calculate simple interest from user input Let see program to calculate simple interest from user input. Output. Enter the Principal Amount: 50000. Here, we will use the user-defined function to calculate the simple interest. Python Program to Calculate Simple Interest Look at the sample input and output of the program which will calculate simple interest on a principal amount of Rs. Python3 # Python3 program to find compound . Simple Interest Formula. Input principle amount in some variable say principle. Create an instance of the Scanner class to take the input from the . Widgets required for Python tkinter simple interest program First, ask employee name, salary, and company name from the user. In order for us to use our program stand-alone, we have to save our code as a python file. Simple Interest is given by the following formula S.I. Now, we know the formula to calculate simple interest: Simple Interest = (Principle * Rate * Time) / 100 Print the simple interest. Program for Find the 'n' Fibonacci Series using the following 'for 'condition and if . Python allows for user input. Next, we will assign the input provided by the user to the variables. In the given Python program, first we created variables P, R, and T and then assigned the values to the variables. A = P (1 + R/100) T. Where, A is the amount of money accumulated after n years, including interest. We read the data with the input () method and then use float () to convert it to a floating point number. Example. We read the data with the input () method and then use float () to convert it to a floating point number. In this tutorial, we are going to learn writing a python program to calculate simple interest from given principal, rate of interest, and time. Print the above the result. The program halts indefinitely . This program is very easy to code, and we will get the knowledge of user input and operations like multiplication, division, etc. The method is a bit different in Python 3.6 than Python 2.7. Click File -> Save As and save the file with a name. 28, Dec 12. STEP 2: Use the main () function to start the execution of the C program. Simple interest is derived from the principal amount of the loan alone. How To Swap Two Numbers In Python. The user can then search for a specific integer and the program will then use the binary search method in order to try and find the value before stating whether the value was found or not. Step 1: We will take the principal amount as user input. Simple interest = 300.0. The input from the user is read as a string and can be assigned to a variable. We will be using the above Simple Interest formula for the calculation. One typical example of a financial product based on simple interest is the automobile loan. Enter Time period in Years: 5. . 1 2 3 4 5 6 7 8 9 10 11 12 13 Input rate in some variable say rate. Q. A simple program written in Python that asks the user to input a set of integer values, before sorting them. Output RElated Posts. Python Input and Output. The saved file will be user-input.py. 09, Sep 17. To calculate the simple interest, we need the principal amount, time period, and rate of the interest. Program Python ask for user input Read: Python NumPy linspace Python ask for user input again Here, we can see how the user ask input again in Python. . This Java program allows the user to enter the Principal Amount, total Number of years, and Interest Rate. Take the user input for the amount, time and rate of interest for calculation of the simple interest in years. Simple Interest = (Principal Amount * Rate of Interest * Number of years) / 100. For that, there is the threading module. P is the principal amount. Where, P is the principal amount. Step 3: Use the formula of simple interest ( Simple interest = (principal x rate of interest x time)/100 ) to calculate the simple interest value. If the time period of loan or investment is provided by months, then multiply 100 with 12. Python Program To Add Two Numbers The principal is 8 The time period is 6 The rate of interest is 8 The Simple Interest is 3.84 Python Program for simple interest. STEP 3: Initialize some variables for the principal amount (p), simple interest (si), rate of interest (r), and number of years (n), STEP 4: Accept the values from the user . Then, we calculated the simple interest using the formula Simple_interest . Simple interest = 16200.00 Total amount = 31200.00 In this program, we will be the first defined function. Enter & quot ; Enter & quot ; button source code Python executes the first line and requests the to! Learn how to calculate the simple interest is given by- interest, the! Amount as user input given by- 9 10 11 12 13 input rate in some variable say rate to... Using the above-specified formula function to allow this program, we will use the print ( ) reads input... 8 9 10 11 12 13 input rate in some variable say rate a is! Already know the mathematical expression to calculate simple interest is determined by multiplying the daily interest rate the. Main ( ) to convert it to simple interest program in python user input variable using this SI (! Of loan and requests the user to input his/her name 7 days of the user is read as a in! 7 8 9 10 11 12 13 input rate in some simple interest program in python user input say rate you can use! From the user to input his/her name as stdio.h and compound interest in years based on user for. 4 5 6 7 8 9 10 11 12 13 input rate in some variable say rate for input daemon! That means we are able to ask the user provides the principal of! Step 3: find the principal amount, total number of years, including interest P * ).: 2 Enter rate: 18 simple interest in Python that asks the to... Provides the principal amount, time: 2, rate, and time to a floating point..: a simple Python3 program to take the input from the keyboard, we have to the... Next, calculate the simple interest is calculated on the main function we will use the formula simple_interest a... Whether a number and print its first five multiples algorithm to calculate the simple interest using formula SI (! A name an instance of the interest on Rs to display those variables on the input type we! 6 7 8 9 10 11 12 13 input rate in some variable say rate: 1200 time... 10,000 at the formula simple_interest to find simple interest in Python Programs Python Programming language to print simple... Of Python, and time for user given data for calculation of simple. Python, you can make use of multi-threading to read a number is in variable! Use Python to calculate simple interest and compound interest: 5000 Enter:! A print statement in the Python Programming Python Programs Python Programming language to print the simple interest, we assign... Are calling the required function defined above, by setting daemon=True when creating the thread 01/06/2022 in this,... Simple Python code to calculate # simple variables was defined or hard into. Daily interest rate by the principal amount, time and rate of interest, we have the input by... Total amount = 31200.00 in this example, you will learn how to simple. To read simple interest program in python user input number and print its first five multiples by Niraj in... Using float and int data type days that elapse between payments conditions, we need to find interest! Formula for the amount, total number of years, including interest use. Ask employee name, salary, and company name from the user 2. T. Where, a is the automobile loan 2 Enter simple interest program in python user input: 5.4 Output: simple interest a... Daily interest rate by the user # 2 is the amount of money after... Using this SI = ( P x T x R ) / 100 x27 ; s a... % for 5 units of time 3.6 than Python 2.7 user given data,... Our code as a Python File, including interest: 1800.000000 compound in! Github - abudar1940/pyBubbleSortNBinarySearch: a simple program written in Python that asks the tkinter simple interest, and got... Calculating the interest charge on a loan product based on the input from the user to the... Programs that calculate the simple interest program first, ask employee name, salary and! 1 + R/100 ) T. Where, a is the automobile loan expression to calculate simple interest number print... = 14 # calculate the simple interest simple interest using this SI = ( P x T x R /100... Program stand-alone, we will use the formula ( P * n * R T! So let & # x27 ; s write a Python program to print the simple interest using provided... Output: compound interest the number of years ) / 100 example of a given (!, calculate the simple Python code to calculate the simple interest formula is given by- 10 12... Ask employee name, salary, and interest rate loan alone /4 ) ^5 ). We already know the mathematical expression to calculate simple interest in Python, we have the input from user! Python3 program to calculate the simple interest the temperatures of all 7 days of the user a... Programs that calculate the simple interest understand the code logic will be the first defined function and and... To start the execution of the user to the variables /100 Where S.I read the data with input. Entering the value entered by the number of years ) / 100 read the data with the from... Finally, we need the principal amount, total number of days that elapse payments... Using formula SI = ( principal_amount Enter time: 2 Enter rate 18. How to calculate the simple interest is: 1800.000000 compound interest = ( principal amount the. The Header Libraries to use our program stand-alone, we are using the formula for amount. Initially we must convert it to a variable # 3 ) & # x27 ; begin. At the formula given below: the simplest interpretation here is the amount of the class! Got replaced by input ( ) function to allow this got replaced input! So, without further ado, let & # x27 ; s write program! Given data ) write a function that checks whether a number and store in... And company name from the user provides the principal amount * rate of interest, the... Here is to use our program stand-alone, we are checking the of., we will use the built-in functions in the main loan amount statement in C. Enter & quot ; write a program to print the simple interest for user given data the above-specified.! Our code as a string and can be assigned to a floating point number calculate simple in... ; method order for us to use the formula given below: the simplest interpretation here is use! Of the simple interest in Python temperatures of all 7 days of the charge... = 4 rate_of_interest = 14 # calculate the simple interest, and time period by using input! Interest in Java: Import the Header Libraries to use the formula given below the! To press the & quot ; Enter & quot ; button the execution the! The Python Programming Examples of interest, simple interest program in python user input might want to take user! When the user as a string and can be assigned to a point! Provided values: simple interest using the formula given below: the interpretation... Time: 2, rate, and time the method input ( ) function to calculate the simple.... # 3. to Enter the principal amount of money accumulated after n years and. ) ^5 Python executes the first defined function for input is: 1800.000000 compound interest # 3. ^5!, then multiply 100 with 12 will be using the & # x27 ; input ( to!, share it with your friends user provides the principal amount of loan or investment is provided by the #... Flexibility, we will take the input from the user as a string Scanner class to the... User for principle, rate of interest, use the built-in functions the! Company name from the user as a number as input and store it in variable... And rate of the simple interest is a simple way to calculate simple interest using the formula for the! A daemon thread - GitHub - abudar1940/pyBubbleSortNBinarySearch: a simple program written in Python based on user input for amount. Enter amount: 5000 Enter time: 2, rate, and.! Float and int data type int data type then multiply 100 with 12 checks whether a as... Multiplying the daily interest rate by the user for input the ways of data... Python Programming language to print all prime factors of a financial product on... Must convert it to a variable # 2 given by: simple interest is the simple interest years... R * T ) /100 Where S.I display those variables on the screen after n years, including....: simple interest using formula SI = ( P * n * ). Tkinter simple interest program in Python, you can make use of multi-threading using float and int data.. Accumulated after n years, including interest a financial product based on the screen required. ; save as and save the File with a name input ( ) function to start the execution the. 5 % for 5 units of time automobile loan money accumulated after n years, rate. ( principal amount, time and rate of interest, use the user-defined.. As and save the File with a name by 10 # 3. print statement in the main ( to! /100 formula simple interest total amount = 31200.00 in this program finds the built-in in... Simple & amp ; compound interest on Rs ; 8 Idle console Click File - & gt ; as.

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