In this Java example code we will calculate the simple interest with given principal, rate and time period values.

**Simple Interest = (P × R × T) / 100**

P — Principal amount

R — rate per annum

T — time in years

Java method to calculate simple interest with given p, r and t values.

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public double getSimpleInterest(int p, double r, int t) { double simpleInterest = (p * r * t) / 100; return simpleInterest; } |