Enter Values
About Simple Interest
Simple Interest (SI) is calculated using the formula: SI = (Principal × Rate × Time) ÷ 100
It’s commonly used for short-term loans, personal finance, and basic savings accounts.
Calculate simple interest on loans or investments
Simple Interest (SI) is calculated using the formula: SI = (Principal × Rate × Time) ÷ 100
It’s commonly used for short-term loans, personal finance, and basic savings accounts.