Program No.

: 2 Calculate Simple Interest

To develop a Python program to calculate simple interest

Algorithm:

Step 1: Start the process

Step 2: Create a variable as P, R, and T

Step 3: Assign the value to the variable.

Step 4: Calculate Simple_interest = (P * R * T) / 100.

Step 5: Print the Simple_interest

Step 6: Stop the process

Program:

Output: The simple interest is: 24.0