Question

Write a Java Applet to calculate Simple Interest. The applet should accept Principal
Amount(P), Annual Rate of Interest(R), and Number of Months(M) as input. It should
calculate Simple Interest using the formula: S.I. = (P × R × M) / (100 × 12) and display
the result when the user clicks a button.

31 Jul 2026
Answer :
Word Count : 333
Java Applets provide a graphical way to create interactive Java programs that run inside a browser or an applet viewer. In this program, the applet accepts three input values from the user: Principal Amount (P), Annual Rate of Interest (R), and Number of Months (M). When the user clicks the Calculate button, the applet computes the Simple Interest using the formula: S.I. = (P × R × M) / (100 × 12) The computed value is then displayed on the applet screen. The program uses AWT components such as `Label`, `TextField`, `Button`, and `ActionListener` to create the user interface and respond to user actions. ```java import java.applet.Applet; import java.awt.*; import java.awt.event.*; public class
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