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Simple Interest Calculator

Calculate simple interest and the total repayable amount for a loan or deposit where interest is charged on the original principal only.

Principal (₹)
Rate (% per year)
Time (years)
Principal
₹1,00,000
Simple interest
₹30,000
Total amount
₹1,30,000

Formula: SI = P × R × T ÷ 100. Interest is charged only on the original principal.

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