Write a Java program to calculate Simple Interest

Solution

import java.util.Scanner;
public class ClassName {
public static void main(String[] args) 
{
double principal;
double rate;
double time;

	Scanner sc = new Scanner(System.in);
	System.out.print("Enter the principal amount  ");
	principal = sc.nextDouble();
	System.out.print("Enter the rate of interest ");
	rate = sc.nextDouble();
	System.out.print("Enter the time ");
	time = sc.nextDouble();

	double interest = (principal * rate * time) / 100;
	System.out.println("The calculated Simple Interest is  " + interest);
}
}

Output

Enter the principal amount 75000
Enter the rate of interest 6.25
Enter the time 3

The calculated Simple Interest is 14062.5