HomeCalculatorsFinanceSimple Interest Calculator
Finance calculator

Simple Interest Calculator

Calculate simple interest and total amount from principal, rate, and time.

Interest I = P × r × t / 100
Total Total = P × (1 + r×t/100)
i Enter rate × years as one value (e.g. 4% × 10 yr = 40).
Finance calculator

Simple Interest Calculator

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Result

Enter values to calculate.

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Mode
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How to use

Follow these steps for a clear answer.

1

Enter the known values

Fill in the fields for your calculation.

2

Choose a mode if available

Use the tabs when multiple directions are offered.

3

Read the result

The result updates as you type.

Frequently asked questions

Key distinctions behind the calculation.

How does the Simple Interest calculation work?

It uses the formula I = P × r × t / 100.