Simple interest Rate- What is it and How it is calculated? (Telugu)
In Simple Interest, Interest on int will not be paid.As a result of this Compounding Interest benefit is not there. Read this article about Return calculation in Real estate etc https://paisahealth.in/715-2/ Simple Interest Explained with an Example How to calculate it? : Lets take a Example to understand it Better. For Example you have invested Rs.1,00,000 and received Rs.2,00,000 after 10 years. Then What is the Simple Int rate in this Investment? As I said above, In this compounding Effect will not be there. There will be fixed interest upfront and that int will not be added to the principle amount …
