Interest Calculator – Simple & Compound Interest
Calculate simple interest and compound interest instantly using our free online interest calculator.
Principal Amount
₹1,00,000.00
Interest Earned
₹37,500.00
Total Amount
₹1,37,500.00
Your investment of ₹1,00,000.00 grows to ₹1,37,500.00 over 5 years.
Calculation Breakdown
Formula: Simple Interest (SI) = (P × R × T) / 100
Where P = Principal, R = Rate (% per year), T = Time in years.