Simple Interest Calculator

Fill Principal Rate and Time to get interest and amount

Principal:
Rate:%
Time:Year
Interest:
Amount:

Simple Interest Calculator

Calculate Rate When Interest is given

Principal:
Rate:%
Time:Year
Interest:
Amount:

Simple Interest Formula

Interest = (Principal x Rate x Time) / 100

Principal is the initial money that you deposit.
Rate is the percentage by which interest will be paid.
Time is the duration for which the amount was invested.
Interest is the money you get on basis of Principal, Rate and Time.
Amount is sum of Principal and Interest.