Simple Interest Calculator
Calculate simple interest and the total repayable amount on a loan or deposit.
₹1,00,000
8%
3 yr
Simple interest
₹24,000
Principal₹1,00,000
Interest₹24,000
Total amount₹1,24,000
SI = (P × R × T) / 100, where P is principal, R is the annual rate, and T is time in years.