Simple Interest Calculator (INR)
Calculate how much interest you'll earn or pay on your principal amount
%
Interest Calculation Results
Principal Amount:
₹0.00
Interest Rate:
0%
Time Period:
0 Years
Interest Earned:
₹0.00
Total Amount:
₹0.00
Amount Breakdown
About Simple Interest
Simple interest is calculated only on the principal amount, or on that portion of the principal amount that remains unpaid. The formula for simple interest is:
I = P × r × t
Where:
I = Interest amount
P = Principal amount (₹)
r = Annual interest rate (in decimal)
t = Time period in years
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