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Simple Interest Calculator

This project calculates Simple Interest using the formula:

Simple Interest = (Principal × Rate × Time) / 100

Formula

SI = (P × R × T) / 100

Example

Principal = 1000
Rate = 5%
Time = 2 years

Simple Interest = (1000 × 5 × 2) / 100 = 100

How to Use

  1. Enter Principal amount
  2. Enter Rate of interest
  3. Enter Time period
  4. Get Simple Interest result

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KST

simple-interest-calculator

A simple interest calculator project

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A simple interest calculator project

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