Simple Interest Calculator

Calculate the simple interest on a principal amount over a given time period and interest rate.

Inputs

Principal Amount (₹)

5001,00,00,000

Rate of Interest (% p.a.)

150

Time Period (Years)

150

Calculation Results

Simple Interest Earned

₹40,000

Total Accumulated Value

₹1,40,000

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Formula & Mathematical Explanation

\displaystyle SI = \frac{P \times R \times T}{100}

Simple interest is calculated by multiplying the principal amount (P) by the annual interest rate (R) and the time period (T) in years, divided by 100.