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Problem Statement: Design an algorithm and draw the flow chart for finding the

simple interest.

Algorithm
Step 1. Begin
Step 2. Get Principle amount(P), Rate of interest (R), Period (P)
Step 3. Find Simple Interest (SI) using SI ← (P * N * R) / 100
Step 4. Display Simple Interest (SI)
Step 5. End

Flowchart

Begin

Get Principle
amount(P), Rate of
interest (R), Period (P)

Find Simple Interest (SI) using


SI ← (P * N * R) / 100

Display Simple
Interest (SI)

End

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