what is the difference b/w interest & markup?
- 8 Answers
- 38244 Views
- MetLife, I also Faced
- E-Mail Answers
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
Any comments on G20 Summit?
What Do You Know About the Term at Par in Issuance Shares?
What is NABARD and its functions?
Explain NBFCs?
How are local area banks different from small banks?
What is Balance of merchandise trade?
Why do you want to join Axis bank ?
Name some acts governing Banking Operations?
What do you mean by return on capital employed?
What is 'nicnet'?
What are the loan products of SBI?
"WHERE THERE IS A RIGHT, THERE IS REMEDY" EXPLAIN THIS WITH REFERENCE TO BREACH OF CONTRACT.
What are the principles of capital structure management?
When was NABARD set up?
Describe a typical day of an investment banking analyst?
