This is a simple Python program that calculates Simple Interest based on user input.
It takes the principal amount, rate of interest, and time period as inputs and computes the interest using a standard formula.
Simple Interest (SI) is calculated using:
SI = (P × R × T) / 100
Where:
- P = Principal amount
- R = Rate of interest (per year)
- T = Time (in years)
- Easy to use
- Takes dynamic user input
- Accurate calculation
- Beginner-friendly Python code
- Python 3