diff --git a/README.md b/README.md
index b103466..baed411 100644
--- a/README.md
+++ b/README.md
@@ -13,4 +13,4 @@ Output
    simple interest = p*t*r
 ```
 
-_© 2022 XYZ, Inc._
+_© 2025 XYZ, Inc._
diff --git a/simple_intrest.py b/simple_intrest.py
new file mode 100644
index 0000000..ae3b2ef
--- /dev/null
+++ b/simple_intrest.py
@@ -0,0 +1,24 @@
+# This script calculates simple interest given principal, annual rate of interest and time period in years.
+# Do not use this in production. Sample purpose only.
+
+# Author: Ritik Kumar
+
+# Input:
+# p, principal amount
+# t, time period in years
+# r, annual rate of interest
+
+# Output:
+# simple interest = (p * t * r) / 100
+
+
+def simple_interest(p, t, r):
+    return (p * t * r) / 100
+
+
+if __name__ == "__main__":
+    p = float(input("Enter the principal amount: "))
+    t = float(input("Enter the time period (in years): "))
+    r = float(input("Enter the rate of interest: "))
+
+    print("The simple interest is {:.2f}".format(simple_interest(p, t, r)))