0
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.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is the difference between interest and markup?
Difference between interest and mark up
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 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 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 you called the difference between interest received interest paid?
its called the spread
What is difference between annuity and compound interest?
Pundai
What is the difference between earning interest and paying interest?
One person (or organisation) pays interest to another - who earns it.
