Calculate Interest On Loan

If you want any kind of loan but you don't know how to calculate interest rate?

Simple Interest

Compound Interest

Interest = PxRxT

P = Principal Amount

R = Rate Of Interest

T = Loan Term

P = 2,00,000

R = 5% (0.05)

T = 5 years

2,00,000 x 0.05 x 5