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Simple Interest Calculator

Simple Interest Calculator

Submitted by • June 2, 2012 calculator.tutorvista.com

Simple interest is calculated mainly only on the principal amount or on that portion of the principal amount that remains unpaid.Step 1 : Choose the formula for calculating simple interest,rate,time and principal.As you see below.
Simple interest (S I) = P∗R∗T100.
Principal (P) = 100∗IR∗T
Rate (R) = 100∗IP∗T
Time (T) = 100∗IP∗R

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Voted by csjangir100