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simple interest

/ˌsɪmpl ˈɪntrəst/noun

उच्चारण सिम्पल इन्ट्रस्ट

साधारण ब्याज

Core word

noun
  1. 1

    [U]

    interest that is paid only on the original amount of money that was borrowed or saved, not on interest already added to it

    साधारण ब्याज

    • Find the simple interest on ₹5,000 at 8% a year for three years.
    • The moneylender charged simple interest, not compound interest.

    Opposite compound interest

≈Synonyms and antonyms
§Grammar and usage

Usage: simple interest is found by the formula SI = (P × R × T)/100, where P is the principal, R the rate per year and T the time in years.

Usage में साधारण ब्याज SI = (P × R × T)/100 सूत्र से निकाला जाता है, जहाँ P मूलधन, R वार्षिक दर और T वर्षों में समय है।