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Simple Interest Calculator

Simple interest is calculated by multiplying the rate of interest by the principal and duration

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Interest Calculator


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Principal Amount: 100

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Interest Rate : 10%

Duration : 1 Years

Total AMOUNT : 110

FINAL AMOUNT : 110.00

Simple Interest Formula

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Find Interest Amount with Principal, Interest Rate and Time

Interest = P x T x R / 100

P is Prinicipal

R= interest rate / annum

T = time in years

Final Amount using Principal, Interest Rate and Time

SI = P * ( 1 + RT)

P is Prinicipal

SI = Simple Interest Final Amount

R= interest rate / annum

T = time in years

Find Principal with Final Amount, Interest Rate and Time

P = SI / (1 + RT)

Find Interest Rate with Principal, Final Amount and Time

R = (1 / T) (A / P - 1)

Find Time / Duration given Principal , Final Amount and Rate

T = (1 / R) (A / P - 1)

Simple Interest Rate Calculator table

Principal : 100

Interest Rate : 10%

Duration

Interest

Final Amount

1 Month

0.83

100.83

2 Months

1.67

101.67

3 Months

2.50

102.50

4 Months

3.33

103.33

5 Months

4.17

104.17

6 Months

5.00

105.00

7 Months

5.83

105.83

8 Months

6.67

106.67

9 Months

7.50

107.50

10 Months

8.33

108.33

11 Months

9.17

109.17

12 Months

10.00

110.00

13 Months

10.83

110.83

14 Months

11.67

111.67

15 Months

12.50

112.50

16 Months

13.33

113.33

17 Months

14.17

114.17

18 Months

15.00

115.00

19 Months

15.83

115.83

20 Months

16.67

116.67

21 Months

17.50

117.50

22 Months

18.33

118.33

23 Months

19.17

119.17

24 Months

20.00

120.00

25 Months

20.83

120.83

26 Months

21.67

121.67

27 Months

22.50

122.50

28 Months

23.33

123.33

29 Months

24.17

124.17

30 Months

25.00

125.00

31 Months

25.83

125.83

32 Months

26.67

126.67

33 Months

27.50

127.50

34 Months

28.33

128.33

35 Months

29.17

129.17

36 Months

30.00

130.00

37 Months

30.83

130.83

38 Months

31.67

131.67

39 Months

32.50

132.50

40 Months

33.33

133.33

41 Months

34.17

134.17

42 Months

35.00

135.00

43 Months

35.83

135.83

44 Months

36.67

136.67

45 Months

37.50

137.50

46 Months

38.33

138.33

47 Months

39.17

139.17

48 Months

40.00

140.00

49 Months

40.83

140.83

50 Months

41.67

141.67

51 Months

42.50

142.50

52 Months

43.33

143.33

53 Months

44.17

144.17

54 Months

45.00

145.00

55 Months

45.83

145.83

56 Months

46.67

146.67

57 Months

47.50

147.50

58 Months

48.33

148.33

59 Months

49.17

149.17

60 Months

50.00

150.00

Duration

Interest

Final Amount

61 Months

50.83

150.83

62 Months

51.67

151.67

63 Months

52.50

152.50

64 Months

53.33

153.33

65 Months

54.17

154.17

66 Months

55.00

155.00

67 Months

55.83

155.83

68 Months

56.67

156.67

69 Months

57.50

157.50

70 Months

58.33

158.33

71 Months

59.17

159.17

72 Months

60.00

160.00

73 Months

60.83

160.83

74 Months

61.67

161.67

75 Months

62.50

162.50

76 Months

63.33

163.33

77 Months

64.17

164.17

78 Months

65.00

165.00

79 Months

65.83

165.83

80 Months

66.67

166.67

81 Months

67.50

167.50

82 Months

68.33

168.33

83 Months

69.17

169.17

84 Months

70.00

170.00

85 Months

70.83

170.83

86 Months

71.67

171.67

87 Months

72.50

172.50

88 Months

73.33

173.33

89 Months

74.17

174.17

90 Months

75.00

175.00

91 Months

75.83

175.83

92 Months

76.67

176.67

93 Months

77.50

177.50

94 Months

78.33

178.33

95 Months

79.17

179.17

96 Months

80.00

180.00

97 Months

80.83

180.83

98 Months

81.67

181.67

99 Months

82.50

182.50

100 Months

83.33

183.33

101 Months

84.17

184.17

102 Months

85.00

185.00

103 Months

85.83

185.83

104 Months

86.67

186.67

105 Months

87.50

187.50

106 Months

88.33

188.33

107 Months

89.17

189.17

108 Months

90.00

190.00

109 Months

90.83

190.83

110 Months

91.67

191.67

111 Months

92.50

192.50

112 Months

93.33

193.33

113 Months

94.17

194.17

114 Months

95.00

195.00

115 Months

95.83

195.83

116 Months

96.67

196.67

117 Months

97.50

197.50

118 Months

98.33

198.33

119 Months

99.17

199.17

120 Months

100.00

200.00

Frequently Asked Questions on Interest Calculator

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  • Simple interest is interest that is only calculated on the principal either borrowed or deposited. Generally, simple interest is set as a fixed percentage for the duration of a loan. Calculate Total Amount (Principal + Interest). A = P(1 + rt)

  • SI = P * ( 1 + RT). P is Prinicipal, SI = Simple Interest Final Amount, R = interest rate / annum, T = time in years .

  • Simple interest is calculated based on the principal, or original, amount of a loan. Compound interest is calculated on the principal amount and the interest of period of time.

  • R = (1 / T) (A / P - 1). R = Interest Rate, P is Prinicipal, A = Final Amount, T = time in years .

  • Calculate the Simple Interest if the principal amount is Rs. 10,000, the time period is 5 year and the rate is 3.875%. Simple Interest, SI = P(1 + rt). r = R / 100 = 3.875 % / 100 = 0.03875 per year. A = 10000(1 + (0.03875 × 5)) , A = Rs. 11,937.50

  • P = SI / (1 + RT). P is Prinicipal, SI = Simple Interest Final Amount, R = Interest Rate, T = time in years .