Algorithm and Flowchart to find Simple Interest

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In this post, we will be writing a simple algorithm and drawing a flowchart for calculating Simple Interest.

Inputs: Principle Amount(PA), RateOfInterest(ROI), Time
Formula to Calculate Simple Interest(SI): SI=((PA*ROI*Time)/100)

Algorithm to find Simple Interest:

Step 1: Start Step 2: Read Principle Amount(PA), RateOfInterest(ROI), Time Step 3: SI= ((PA*ROI*Time)/100) Step 4: Print SI Step 5: Stop

Flowchart to Calculate Simple Interest:

Flowchart to Calculate Simple Interest
Remove WaterMark from Above Flowchart

        



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