Simple Interest Calculator

Calculate simple interest, total amount, and yearly return instantly.

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Total Interest

₹0
Total Amount

₹0

Yearly Interest

₹0

What is Simple Interest?

Simple Interest is calculated only on the original principal amount. It is commonly used in loans, deposits, and savings calculations.

SI = (P × R × T) / 100

Example

  • Principal Amount = ₹10,000
  • Interest Rate = 10%
  • Time = 2 Years
  • Simple Interest = ₹2,000
  • Total Amount = ₹12,000