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 Meant by at Discount in Issuance of Shares?
I buy a piece of equipment; tell me the impact on the 3 financial statements.
Explain the term recession?
After doing b.sc / b.tech / mba / ma why do you want to choose banking? Why not something related with you field of education?
The authorized capital of nabard in 2013 was raised up to what limit?
What is a fund flow statement? Why should a business prepare it?
Ten years down the line where would you see yourself?
What is the capital structure of rrbs?
What are the functions of commercial bank in India?
Tell something about Pradhan Mantri Jan Dhan Yojna?
What Do You Mean by Common Seal of a Joint Stock Company?
Do you know what giffen goods are?
What do you think social networking sites have affected the daily life of the people?
What's Net-banking?
What are the types of working capital?