what is the difference b/w interest & markup?
Answer Posted / ahmad raza
the additional amount paid to lender is the interest whereas
mark-up is added to the cost of a product/service to earn
profit but now a days, these are treated as same i.e. there
is no such difference.
Is This Answer Correct ? | 14 Yes | 4 No |
Post New Answer View All Answers
What is consumer banking?
Name some scams that took place in recent past?
What is the role of SEBI?
What is NBFC?
What is the monetary policy?
Explain financial lease.
What was the meaning of that sensex futures and options?
What is RuPay Card?
Tell something about bank regulation act?
What is Banking Ombudsman Scheme?
differentiate between GNP and GDP?
How will be you differentiate between a manager and a leader?
What is Private Banking?
Which government started the LPG policy in India?
Share your views on Plastic currency?