Calculate Simple Interest and total amount with ease. Enter your principal amount, interest rate, and time period to get instant results.
Results
Simple Interest:
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Total Amount:
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Formula
Simple Interest = (P × R × T) ÷ 100
P = Principal Amount
R = Rate of Interest (% per annum)
T = Time Period (in years)
Quick Tips
- • Simple interest is calculated only on the principal amount
- • Enter interest rate as a percentage (e.g., 5 for 5%)
- • Time period can be in decimals (e.g., 1.5 for 18 months)