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#0142
Simple Interest
EasyAptitude15 min10 XP
Problem
Find simple interest on 5000 at 8% per annum for 3 years.
Why This Matters
Interest questions check formula accuracy and percentage-base thinking.
Examples
Example 1
InputP=5000, R=8, T=3
Output1200
Simple interest does not compound each year.
Constraints
- Return the exact requested structure.
- Handle normal edge cases cleanly.
- Prefer readable code over clever shortcuts.
CodeReasoning
Find simple interest on 5000 at 8% per annum for 3 years.
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Testcases1 visible / 3 hidden categories
Core example
InputP=5000, R=8, T=3
Expected1200
Simple interest does not compound each year.
Hidden Test Categories
different time periodamount calculationrate finding