Program to calculate simple interest in java

Java Program to calculate simple interest. Here more solutions.

/*
  Java program for
  Calculate simple interest
*/
class Interest
{
    // Method which is take three parameters
    // And calculates that simple interest
    // Here time is form in year
    // rate is form of annual interest rate
    public static void simpleInterest(double principle, double time, double rate)
    {
        // Display parameters values
        System.out.println("Principal : " + principle );
        System.out.println("Time : " + time );
        System.out.println("Rate : " + rate);
        // Calculate interest
        double amount = (principle * time * rate) / 100;
        // Display amount
        System.out.println("Simple Interest : " + amount + "\n");
    }
    public static void main(String[] args)
    {
        
        //Test Cases
        simpleInterest(1500, 3, 7.3);
        simpleInterest(170.4, 7, 3.4);
    }
}

Output

Principal : 1500.0
Time : 3.0
Rate : 7.3
Simple Interest : 328.5

Principal : 170.4
Time : 7.0
Rate : 3.4
Simple Interest : 40.55519999999999



Comment

Please share your knowledge to improve code and content standard. Also submit your doubts, and test case. We improve by your feedback. We will try to resolve your query as soon as possible.

New Comment







© 2022, kalkicode.com, All rights reserved