Answer to Question #307730 in Python for Sai

Question

3. Write a program using function to calculate the simple interest. Suppose the customer is a senior citizen. She is being offered 15 percent rate of interest; he is being offered 12 percent rate of interest for all other customers, the ROI is 10 percent.

Sample Input:

Enter the principal amount: 200000 Enter the no of years: 3

Gender (m/f): m

Is customer senior citizen (y/n): n Sample Output:

Answer 1

def SimpleInterest(p,r,t):
    s_i = (p * r * t) / 100
    return s_i
SimpleInterest(200000, 0.15, 3)
900.0