Principal Amount of Simple Interest Calculator

Calculate Principal Amount of Simple Interest







Formula

The formula to calculate the principal amount of simple interest is:

\[ P_{\text{Annual}} = \frac{100 \cdot \text{SI}_{\text{Annual}}}{r_{\text{Annual}} \cdot t_{\text{Annual}}} \]

Where:

Definition

The principal amount of simple interest is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time.

Simple interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate of interest.

The annual rate of simple interest is the percent of the simple interest paid over the principal amount for the due period.

The time period of simple interest is the number of years for which the principal amount is invested/borrowed/lent at a fixed rate of interest.

Example Calculation

Let's assume the following values:

Using the formula:

\[ P_{\text{Annual}} = \frac{100 \cdot 200}{10 \cdot 2} = 1000 \]

The principal amount is 1000.

Conversion Chart

Simple Interest Annual Rate (%) Time Period (years) Principal Amount
100 5 1 2,000.00
100 5 2 1,000.00
100 5 3 666.67
100 5 4 500.00
100 5 5 400.00
100 10 1 1,000.00
100 10 2 500.00
100 10 3 333.33
100 10 4 250.00
100 10 5 200.00
100 15 1 666.67
100 15 2 333.33
100 15 3 222.22
100 15 4 166.67
100 15 5 133.33
200 5 1 4,000.00
200 5 2 2,000.00
200 5 3 1,333.33
200 5 4 1,000.00
200 5 5 800.00
200 10 1 2,000.00
200 10 2 1,000.00
200 10 3 666.67
200 10 4 500.00
200 10 5 400.00
200 15 1 1,333.33
200 15 2 666.67
200 15 3 444.44
200 15 4 333.33
200 15 5 266.67
300 5 1 6,000.00
300 5 2 3,000.00
300 5 3 2,000.00
300 5 4 1,500.00
300 5 5 1,200.00
300 10 1 3,000.00
300 10 2 1,500.00
300 10 3 1,000.00
300 10 4 750.00
300 10 5 600.00
300 15 1 2,000.00
300 15 2 1,000.00
300 15 3 666.67
300 15 4 500.00
300 15 5 400.00
400 5 1 8,000.00
400 5 2 4,000.00
400 5 3 2,666.67
400 5 4 2,000.00
400 5 5 1,600.00
400 10 1 4,000.00
400 10 2 2,000.00
400 10 3 1,333.33
400 10 4 1,000.00
400 10 5 800.00
400 15 1 2,666.67
400 15 2 1,333.33
400 15 3 888.89
400 15 4 666.67
400 15 5 533.33
500 5 1 10,000.00
500 5 2 5,000.00
500 5 3 3,333.33
500 5 4 2,500.00
500 5 5 2,000.00
500 10 1 5,000.00
500 10 2 2,500.00
500 10 3 1,666.67
500 10 4 1,250.00
500 10 5 1,000.00
500 15 1 3,333.33
500 15 2 1,666.67
500 15 3 1,111.11
500 15 4 833.33
500 15 5 666.67