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-   -   Program to enter the principal, rate & time and print the simple interest (http://bzupages.com/f322/program-enter-principal-rate-time-print-simple-interest-14557/)

bonfire 01-03-2011 02:35 PM

Program to enter the principal, rate & time and print the simple interest
 
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Program to enter the principal, rate & time and print the simple interest


#include
#include

void main()
{
clrscr();
int x;
float sinterest,principal,rate,time;
for(x=4;x>=0;x--)
{
cout << "Enter the principal, rate & time : " << endl;
cin>>principal>>rate>>time;
sinterest=(principal*rate*time)/100;
cout << "Principal = $" << principal << endl;
cout << "Rate = " << rate << "%" << endl;
cout << "Time = " << time << " years" << endl;
cout << "Simple Interest = $" << sinterest << endl;
}
getch();

}
This program takes in the prinicipal, rate and time as a screen input from the user.
The program is executed (run) 5 times using the 'FOR' loop.
It calculates the simple interest using the formula I = PTR/100.
The principal, rate, time and the simple interest are then outputted using the 'cout' command.



Sample Input
1000 5 3
Sample Output
Principal = $1000
Rate = 5%
Time = 3 years
Simple Interest = $150


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