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how to calculate simple interest in telugu. Formula to Calculate Simple Interest SI Simple Interest SI is a way of calculating the amount of interest that is to be paid on the principal and is calculated by an easy formula which is by multiplying the principal amount with the rate of interest and the number of periods for which the interest has to be paid. The main formula to calculate the simple interest is the same.
With a compound interest loan interest is added to the principal on top of any interest thats already accumulated.
To calculate the Principal Amount the formula is. Use Daily Simple Interest Calculator to calculate the interest on a daily simple interest loan. Simple Interest Formulas and Calculations. Rupees 10000 means how much in terms of Rs100000.