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Simple Interest Calculator

Calculate simple interest on any amount instantly

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Simple Interest Calculator

Principal Amountโ‚น1,00,000
Interest Rate (% p.a.)8%
Time Period (Years)5 Yrs
Result
Principal
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Interest Earned
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Total Amount
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Interest %
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What is Simple Interest?

Simple interest is calculated on the original principal only. Formula: SI = P ร— R ร— T / 100, where P is Principal, R is annual rate, T is time in years. Total Amount = P + SI.