Python program to calculate interest


Following program shows you how to calculate interest.
In this program we get investment, interest rate and time from user and calculate interest using following formula
Interest = investment X interestRate X time / 100

investment = float(input("Enter investment:"))
interestRate = float(input("Enter interest rate:"))
time = float(input("Enter number of years:"))
interest = investment * interestRate * time / 100
print("Interest amount is: ", interest)

Output:

Enter investment: 250000
Enter interest rate: 24
Enter number of years: 3
Interest amount is:  180000.0