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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