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Calculate Simple Interest

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A Python program to compute Simple Interest using the formula (Principal × Rate × Time) / 100.

Explanation:

Take Input: Get principal, rate, and time as floating-point numbers from the user.

Calculate Simple Interest: Use the formula (principal * rate * time) / 100.
Store Result: Save the calculated interest in simple_interest.
Display Output: Print the computed Simple Interest.

Program:

principal = float(input("Enter Principal Amount: "))

rate = float(input("Enter Annual Interest Rate (%): "))

time = float(input("Enter Time (in years): "))

simple_interest = (principal * rate * time) / 100

print("Simple Interest:", simple_interest)

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