Simple Interest Calculator
Calculate simple interest and total amount.
Instant · runs in your browserAbout the Simple Interest Calculator
Simple interest is charged only on the original amount (the principal). Enter the principal, annual rate and time to see the interest and the total you will pay or receive.
Formula
Interest = P × R × T ÷ 100. Example: Rs 100,000 at 12% for 2 years = Rs 24,000 interest, total Rs 124,000.
Tip
Most savings accounts and loans actually compound; compare with the Compound Interest Calculator to see the difference.
سادہ سود کیلکولیٹر
سادہ سود صرف اصل رقم پر لگتا ہے۔ فارمولا: اصل × شرح × وقت ÷ 100۔ مثال: 1 لاکھ روپے، 12% پر 2 سال = 24,000 روپے۔
- سود اور کل رقم
- مرکب سود سے موازنہ کریں
How to use Simple Interest Calculator
- Enter your values. Units and defaults are shown beside each field.
- Press Calculate (results also update as you type once calculated).
- Read the result and the step-by-step breakdown with the formula used.
- Copy the result or reset to start again.
Frequently asked questions
How accurate is this calculator?
Calculations use the standard formulas shown on the page, computed in full precision and rounded only for display. The result is only as accurate as the inputs and assumptions listed.
Is this financial or tax advice?
No. Results are estimates based on the assumptions you enter. For decisions, check with your bank, a tax adviser or the relevant authority.
Is it free?
Yes. All tools are free to use without an account.