Java Program to find Simple Interest

Java program to find the Simple Interest :

In this program, we will learn how to find the simple interest using Java. To calculate simple interest, we need principal amount, rate of interest and time in year. After that , calculating the simple interest is really easy :

Simple Interest = (Principal * Rate of interest * time)/100

Java Program :

In this program, we will first take the inputs from the user . And then we will calculate the result and print it out.

import java.util.Scanner;

public class Main {

    /**
     * Utility functions
     */
    static void println(String string) {
        System.out.println(string);
    }

    static void print(String string) {
        System.out.print(string);
    }

    public static void main(String[] args) {
        Scanner sc = new Scanner(System.in);

        println("********** Simple Interest Calculator **********");

        println("Enter the amount :");
        float amount = sc.nextFloat();

        println("Enter Duration ( Years ):");
        float year = sc.nextFloat();

        println("Enter rate of Interest :");
        float rate = sc.nextFloat();

        float SI = (amount * year * rate) / 100;

        println("Simple Interest " + SI);
    }
}

Sample Output :

********** Simple Interest Calculator **********
Enter the amount :
10000
Enter Duration ( Years ):
3
Enter rate of Interest :
10
Simple Interest 3000.0
Sitewide-USD 336x280

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