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Savings and inflation

Profit rate comparison calculator

Compare two profit rates after tax over the same years.

Your figures

PKR

In rupees. The same amount goes into both.

years

Between 1 and 30.

%

Your own figure, from the offer you are looking at.

How often the profit is added to the amount.

%

Your own figure, from the offer you are looking at.

How often the profit is added to the amount.

%

The share of the profit that goes in tax. 15% is shown as an example. Check the rate that applies to you.

Digit grouping

This shows example figures. Change them to work out your own.

Result

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  • The second deposit leaves you with more after tax.

Difference after tax

PKR 29,707.07

First deposit after tax
PKR 1,330,546.84
Second deposit after tax
PKR 1,360,253.91
First deposit: profit after tax
PKR 330,546.84
Second deposit: profit after tax
PKR 360,253.91

How it is calculated

For each deposit: value = amount x (1 + r / m)^(m x y), with r the yearly rate, m the times a year the profit is added back and y the years.

Profit = value - amount. Tax = profit x the tax rate. Value after tax = amount + profit - tax.

The difference is the gap between the two values after tax. Each figure is rounded to the paisa once.

Assumptions

  • The first deposit earns 11% a year and the second 12.5% a year.
  • Tax of 15% is taken from the profit once, at the end. In real life it may be taken each time profit is credited.
  • Each rate stays the same for the whole time. Real rates change.
  • Nothing is added or taken out, and no fees or charges apply.

Results are worked out from the figures you enter and are only estimates. They are not advice.

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