Principal Amount
₹
₹1,000₹1,00,00,000
Rate of Interest
%
1%25%
Time Period
Yrs
1Yrs30Yrs
Principal Invested₹1,00,000
Interest Accumulated₹40,000
Total Maturity Value₹1,40,000
Principal - 71%
Simple Interest - 29%
Simple Interest Formula
Simple interest calculations compute gains only on the initial principal. The mathematical formula is Interest = (Principal * Rate * Time) / 100.