Interest Calculator

Interest Calculator — ToolGora

Calculate Principal (P), Time (T), Rate (R) for both Simple and Compound Interest. See detailed step-by-step calculations.

Interest Calculator

Calculate P, T, R for Simple & Compound Interest with detailed breakdowns.
Simple Interest
Compound Interest
₹
%
Formulas:
• Simple Interest: A = P(1 + RT) or I = P × R × T
• Compound Interest: A = P(1 + R/n)^(nT)
Where P=Principal, R=Rate, T=Time, n=Compounding frequency
₹14,250.00
Final Amount after 5 years at 8.5% Simple Interest
₹10,000.00
Principal (P)
₹4,250.00
Interest Earned
₹14,250.00
Total Amount (A)
8.5%
Annual Rate (R)
5 years
Time Period (T)
8.5%
Effective Rate

💰 Interest Summary

₹4,250.00
42.5% of principal
SIMPLE

Calculation Details

Calculation Type: Simple Interest
Formula Used: A = P(1 + RT)
Time in Years: 5.00
Return on Investment: 42.5%

Step-by-Step Calculation

1. Principal (P) = ₹10,000.00
2. Rate (R) = 8.5% = 0.085
3. Time (T) = 5 years
4. Interest (I) = P × R × T = 10000 × 0.085 × 5
5. Interest (I) = ₹4,250.00
6. Amount (A) = P + I = 10000 + 4250 = ₹14,250.00
Scroll to Top