How to use
- Fill in: Principal, Rate (% p.a.), Time (years) and Currency. Fields with defaults or marked optional can stay as shown.
- Tap Calculate Interest.
- Read the result - you can print or save it as PDF.
Worked example
With Principal = 100000, Rate = 8, Time = 3:
SIMPLE INTEREST24,000 INR
- Interest: 24,000 INR
- Total amount: 124,000 INR
- Principal: 100,000 INR
- Rate: 8% p.a.