📊 Simple Interest Calculator

Calculate simple interest using the formula: SI = P × R × T / 100

Principal Amount (₹)

Interest Rate (% p.a.)

Time Period (Years)

Results

Principal Amount ₹1,00,000

Simple Interest ₹50,000

Total Amount ₹1,50,000

About Simple Interest Calculator

Simple Interest is calculated only on the original principal. Formula: SI = P × R × T ÷ 100, where P is principal, R is annual rate, and T is time in years. Unlike compound interest, the interest amount stays the same each year.