Simple Interest Calculator
Work out simple interest from principal, rate and time.
- Total amount
- ₹1,40,000
- Total invested
- ₹1,00,000
- Interest earned
- ₹40,000
- Total invested ₹1,00,000 (71.4%)
- Interest earned ₹40,000 (28.6%)
Work out simple interest from principal, rate and time. Enter your details below and the result appears instantly. The calculation runs in your browser and nothing is stored.
How it is calculated
Interest = P x R x T / 100
P = principal, R = yearly rate, T = years.
Frequently asked questions
How does the Simple Interest Calculator work?
A fixed mathematical formula is applied to the numbers you enter. The formula is explained further down the page.
Is the result exact?
The result is an estimate. The actual amount can differ because of the institution's rules, charges and rate changes.
Is my information stored anywhere?
No. The calculation runs in your browser and the numbers you enter are not saved on our server.
