Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the difference b/w interest & markup?

Answer Posted / usman ghani

interest is a fixed amount which is paid monthly or annually on amount borrowed here it should be noted that interest is paid every month or year till the borrowed amount is returned where as the markup is the amount added to the cost of something which is bought here it should be noted that the additional amount is once added in coast that includes profit

Is This Answer Correct ?    10 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What does the government do to curb inflation?

1093


What is a probation period?

989


Do Banks have reservation? If yes, what is the percentage?

1025


what is digital banking?

995


Mention what are the responsibilities of a property or casualty actuary?

1074


What is Pradhan Mantri Suraksha Bima Yojana?

1093


What are the advantages of 'debit card'?

1054


Who is the Governor, Chief Minsiter and Other Ministers of Your State (Like Education, Tourism Ministers)?

1036


What is capital deficit?

1110


What do you know about equity market?

1142


How may development banks are there in india and name them?

1026


Compare registered vs. Bearer debentures.

962


Where will Olympics 2020 take place?

1099


How do you calculate the rate of return on a stock?

935


What's Monetary policy?

1113