With the help of an example, explain the following:
i) Algorithm.
ii) Input and output for an algorithm.
iii) Running time of an algorithm.

Algorithm:
An algorithm is a step-by-step procedure or set of rules designed to perform a specific task or solve a particular problem. It is essentially a finite sequence of well-defined, unambiguous instructions that, when executed, produce the desired output for any valid input. Algorithms play a crucial role in computer science and programming, providing a systematic way to solve problems and automate processes.

Example:
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