Basic Calculator
Simple Interest Calculator
Calculate basic interest on your principal amount. Perfect for understanding loan costs and fixed returns!
Enter Details
₹
%
Formula
SI = (P × R × T) / 100Total Amount (A)
₹0
Principal (P)₹1.00 L
Interest (SI)+₹0
Monthly Interest₹0
Yearly Interest₹8,000
Calculation Steps
P = ₹1.00 L
R = 8% per annum
T = 3 years
SI = (₹1.00 L × 8 × 3) / 100
SI = ₹0