Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

23 March 2013

Simple Interest Calculator

Simple Interest Calculator. online simple interest rate calculator tool for India to calculate how much interest (amount) will be gained after a certain period of time.

Formula:-
Simple Interest (SI) = P*N*(R/100)

Where,
  • P = Principal Amount
  • N = Time Period
  • R = Rate of Interest

  • Calculation of Simple Interest:-

    Enter Principal Amount (P):
    Enter Time Period (N): Years
    Enter Rate of interest (R): %
    Simple Interest (SI):

    Example Problem:-
    Calculate interest rate: If a person deposits has Rs.5000 in a Bank for 8 years at 6% interest.

    Formula:-
    Simple Interest (SI) = P*N*(R/100)

    Where,   
    P = Rs 5000
    N = 8 years
    R = 6%

    Simple Interest (SI) = 5000*8*(6/100)
                              SI = Rs 2400

    8 January 2013

    Gratuity Calculator India


    Online Gratuity Calculation India. Gratuity Calculator is used to estimate online how much gratuity amount he/she will get after retirement or by his legal beneficiary in the event of employee death.

    Formula:-
    Gratuity Calculator Formula

    Enter Basic Pay : INR

                          Enter Dearness Allowance : INR

                   Enter Number of years worked : Yrs

                        

                                         Gratuity Amount : INR



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    Online Gratuity Calculation India. Gratuity Calculator is used to estimate online how much gratuity amount he/she will get after retirement or by his legal beneficiary in the event of employee death.