Simple Interest Calculator
Quickly calculate simple interest on your loans or investments using the standard SI formula.
Last Updated: July 31, 2024
Enter Details
Calculation Result
Total Interest
₹ 25,000
Total Amount
₹ 1,25,000
About the Simple Interest Calculator
The Simple Interest Calculator provides a straightforward way to determine the interest earned on a principal amount. Unlike compound interest, simple interest is calculated only on the initial amount (the principal).
How to Use the Simple Interest Calculator
- Enter the Principal Amount.
- Set the annual Interest Rate.
- Define the Tenure in years.
The results will instantly show the total interest earned and the final amount (principal + interest).
Simple Interest FAQs
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