📝 Simple Interest Calculator

Calculate interest earned on your principal amount

Simple Interest = P × R × T / 100. Interest is calculated only on the original principal, not on accumulated interest. Common in short-term loans and some fixed deposits.

Principal Amount

Rate of Interest (p.a)

Time Period

Total Amount

Principal -

Total Interest -

📝 Simple Interest Formula

SI = P × R × T / 100. Interest is calculated only on the principal amount.