### Java Program to Calculate Simple Interest - The Coding Shala

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In this post, we will learn how to Calculate Simple Interests in Java.

## Java Program to Calculate Simple Interest

You have given the principal amount, rate of interest, and time. Write a Java Program to calculate the interest amount.

We will use the formula of simple Interest.

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

Here, P = Principle Amount
R = Rate of Interest
T = Time

Java Program:

```// Java program to Calculate Simple Interest

public class Main {

public static void main(String[] args) {

float P = 2000;
float R = 6;
float T = 3;

// calculate interest using formula
float interest = (P * R * T) / 100;

// print
System.out.println("Principal amount is: " + P);
System.out.println("Interest Rate is: " + R);
System.out.println("Time is: " + T);
System.out.println("Total Interest is: " + interest);
}
}
```

Output:

```Principal amount is: 2000.0
Interest Rate is: 6.0
Time is: 3.0
Total Interest is: 360.0
```

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