WAP_A02: Write the program for the simple, compound interest. || Simple Numeric Problems
Algorithm
start
step1: Read p, rate, time
step2: SI := (p * rate * time)/100
step3: CI := p * (1+(rate/100))time - p
step4: Print SI, CI
stop |
WAP_A02: C Lab Program
/* calculate simple interest & compound interest by reading principal amount, rate of interest & time
The formula to find simple interest is simpleInterest = (principal * rate * time) / 100.
The formula to find compound interest is compoundInterest = principal * pow(1 + (rate / 100), time) - principal. */
#include <stdio.h>
#include <math.h>
int main() {
float P, rate, time, SI, CI;
// Input P amount, rate of interest and time
printf("Enter P,R,T: ");
scanf("%f%f%f", &P,&rate,&time);
// Calculate simple interest
SI = (P * rate * time) / 100;
// Calculate compound interest
CI = P * pow(1 + (rate / 100), time) - P;
// Display results
printf("SI= %f\n", SI);
printf("CI= %f\n", CI);
return 0;
} |
OUTPUT
Enter P,R,T: 1000 5 10
SI= 500.000000
CI= 628.893860 |
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