Simple Interest Calculator
Simple Interest Calculator
Quick interest on any amount
₹
%
%
Simple interest
0
P × R × T ÷ 100
Total amount
0
principal plus interest
Principal
0
Inflation-adjusted total
0
in today's money
Simple interest is calculated only on the original principal for the whole period — unlike compound interest, it never earns interest on interest already accrued. Most loans and investments in practice use compound interest; this is the quicker, older-style calculation still used for some short-term loans and specific instruments.