Write an algorithm and draw a flowchart to calculate SimpleInterest.

Algorithm to calculate Simple Interest:

Step 1: Start Step 2: Declare variables P, T, R and SI. (P is the principal amount, T is the time in years, R is the rate of interest and SI is the simple interest) Step 3: Read values of P, T and R. Step 4: Calculate Simple Interest using the formula SI = (P * T * R) / 100 Step 5: Print SI Step 6: Stop

Flowchart:

1. Start
2. Declare variables P, T, R, SI
3. Input P, T, R
4. Calculate SI = (P * T * R) / 100
5. Output SI
6. Stop

The flowchart would look like this:

[Start] --> [Declare P, T, R, SI] --> [Input P, T, R] --> [Calculate SI = (P * T * R) / 100] --> [Output SI] --> [Stop]