Simple interest formula is given by:

`Simple Interest = (P x T x R)/100`

Here, P stands for Principal, T stands for Time and R stands for Rate of Interest

In the following example, we’ll use principal and rate of interest as float values and time as int value just for the sake of simplicity.

# A simple Python3 program to calculate # Simple Interest based on user input. p = float(input("Please provide Principal: ")) r = float(input("Please provide Rate of Interest: ")) t = int(input("Please provide Time: ")) si = (p * t * r)/100 print('The Simple Interest is', si)

**Output**

```
Please provide Principal: 1000
Please provide Rate of Interest: 10
Please provide Time: 1
The Simple Interest is 100.0
```