How to Calculate Principal Amount of Simple Interest?
Principal Amount of Simple Interest calculator uses Principal Amount of Simple Interest = (100*Simple Interest)/(Annual Rate of Simple Interest*Time Period of Simple Interest) to calculate the Principal Amount of Simple Interest, Principal Amount of Simple Interest formula is defined as he amount invested, borrowed, or lent initially at a fixed rate for a given duration of time. Principal Amount of Simple Interest is denoted by P_{Annual} symbol.
How to calculate Principal Amount of Simple Interest using this online calculator? To use this online calculator for Principal Amount of Simple Interest, enter Simple Interest (SI_{Annual}), Annual Rate of Simple Interest (r_{Annual}) & Time Period of Simple Interest (t_{Annual}) and hit the calculate button. Here is how the Principal Amount of Simple Interest calculation can be explained with given input values -> 1000 = (100*200)/(10*63113904).