Definition
Interest calculated only on the original principal amount, using the formula I = PRT (Interest = Principal × Rate × Time). The interest earned remains constant each period and doesn't compound.
Etymology
From Latin 'simplex' meaning 'single' or 'uncomplicated' and 'interesse' meaning 'to concern'. This straightforward method of calculating interest was the primary form used in ancient and medieval commerce before the development of compound interest calculations.
Kelly Says
Simple interest is beautifully linear - it grows in a straight line like a steady march, while compound interest curves upward like a rocket! Understanding this difference is crucial for financial literacy, as it reveals why starting to save early creates such dramatic advantages over time.
Translations
AMአማርኛ
ቀላል 利息
ke-laal li-si
ARالعربية
利息 بسيط
li-xi basi-t
BNবাংলা
সরল সুদ
sor-ol su-d
CACatalà
interès simple
in-ter-es sim-ple
CSČeština
jednoduchý úrok
je-don-u-chy oo-rok
DADansk
simpel rente
sim-pel ren-te
DEDeutsch
einfacher Zinssatz
ent-fash-er zints-zat
ELΕλληνικά
απλός τόκος
am-los to-kos
ESEspañol
interés simple
in-ter-es sim-ple
FAفارسی
سود ساده
sood sade
FISuomi
simppeli korko
sim-pee-li kor-ko
FRFrançais
intérêt simple
an-te-re-a sim-ple
GUGU
सरળ વ્યાજ
sar-al vyaaj
HAHA
sabon kudin
sa-bon ku-din
HEעברית
利息 פשוט
li-si pashut
HIहिन्दी
सरल ब्याज
sar-la b-yaaj
HUMagyar
egyszerű kamat
eg-szer-u ka-mat
IDBahasa Indonesia
bunga sederhana
bun-ga se-der-hana
IGIG
akụkụ ọnụ
a-ku-ku on-u
ITItaliano
interesse semplice
in-ter-es-se sim-ple
KKKK
жазылды faiz
ja-zyldy fayz
MRMR
सरळ व्याज
sar-la vyaaj
MSBahasa Melayu
faedah mudah
fa-edah mu-dah
MYမြန်မာ
အလွယ်တကျ 利息
a-lwe-ta-chi li-si
NLNederlands
simpel rente
sim-pel ren-te
NONorsk
enkelt rente
en-kelt ren-te
PAPA
ਸmple intrest
sam-ple in-ter-est
PLPolski
prosty procent
pro-s-ti pro-tsent
PTPortuguês
juros simples
zhoo-roz sim-ples
RORomână
dobândă simplă
dob-an-da sim-pla
RUРусский
простой процент
pro-stoy pro-tsent
SVSvenska
enkelt ränta
en-kelt ren-ta
SWKiswahili
faida rahisi
fai-da ra-hi-si
TAதமிழ்
சாதாரண வட்டி
sa-dhaar-ana vat-ti
TEతెలుగు
సాధారణ వడ్డీ
sa-dhaar-ana vad-di
THไทย
ดอกเบี้ยแบบง่าย
dok-bei yaep-gan-yai
TLTL
simpleng interes
sim-pleng in-ter-es
TRTürkçe
basit faiz
ba-sit fayz
UKУкраїнська
простий відсоток
pro-styy v-do-sok
URاردو
سادہ سود
sa-da sood
VITiếng Việt
lãi suất đơn giản
lai suat don gian
ZUZU
inkokhelo esinye
in-ko-khe-lo e-sin-ye