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Interest is the additional amount paid for interest bearing borrowings(loan),, where the mark up is the additional amount added to the cost of a product or service,, to reach a selling price and thereby to earn a profit.

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11y ago

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What is the difference between interest and markup?

Difference between interest and mark up


How do you calculate the difference between margin and markup in pricing strategies?

To calculate the difference between margin and markup in pricing strategies, you can use the following formulas: Margin (Selling Price - Cost) / Selling Price Markup (Selling Price - Cost) / Cost Margin represents the percentage of the selling price that is profit, while markup represents the percentage of the cost that is profit. The key difference is that margin is calculated based on the selling price, while markup is calculated based on the cost.


What are the difference between interest free and conventional banking system?

difference between interest and interest free financing


What is the difference between the selling price and the original cost of an item?

The gross profit.


Difference between interest-bearing and non-interest-bearing debt?

Difference between interest-bearing and non-interest-bearing note.


What is the difference between a markup and a discount?

the difference is that instead of subtracting for discount you add for markup ex:markup a store buys a jacket for $5 in order to earn cash they do markup which is when you multiply a percentage with the cost of the product. so lets say the percentage is 90% so multiply them both then you must add them.


What is the difference between riba and interest?

interest is the part of riba.


Why is there a difference between interest charged and interest earned?

dnt kno


What's the difference between margin and markup when calculating pricing for products or services?

Margin is the percentage of profit made on a product or service, calculated as the difference between the selling price and the cost of production divided by the selling price. Markup, on the other hand, is the percentage added to the cost of production to determine the selling price. In essence, margin is based on the selling price, while markup is based on the cost of production.


What is the difference between market rates for paralegals and cost to the attorney for paralegal service?

It would be the markup by the law firm. S.Siddiq


What is the difference between market rates for paralegals and the cost to the attorney for paralegal services?

It would be the markup by the law firm. S.Siddiq


What you called the difference between interest received interest paid?

its called the spread