what is the difference b/w interest & markup?
Answer Posted / abdul haseeb khan
interest is the compensation paid by borrower for the borrowed money to the lender, normally on monthly basis or annually basis.
markup is added on the total cost incurred by the producer of good or service in order to create profit.
Is This Answer Correct ? | 18 Yes | 4 No |
Post New Answer View All Answers
Explain debt equity ratio. What are its components?
Do you know what negative interest rate policy is? Why does Japan adopt it?
What is the impact of demonetization on the Indian Economy?
I buy a piece of equipment; tell me the impact on the 3 financial statements.
Does The Stress Test Account For The Impact Of The Outcome Of The Referendum In The United Kingdom On Eu Membership?
Merger of SBS with SBI, point of in your view. is this good dicition or bad by cent. govt./sbi.
Explain Market Monitoring?
Explain the term double bottom?
What are the different associate banks of SBI?
Tell something about surgical strikes?
How does LPG helped to improve the economy?
What do you know about "pradhan mantri jan dhan yojana"?
Where Do I File If I Haven't Lived In The Same State Or District For The Last Two Years?
What do you understand by Bulls and Bears?
What is budget?