Asked by Haroon Gondal
A bank charges mark-up @ Rs.0.39 per day Rs.1,000/-,rate of mark up as percent per annum is:
Answers
Answered by
Reiny
Ok, four consecutive posts without any work shown
or any indication where your difficulties lie.
A classical case of "homework dumping"
or any indication where your difficulties lie.
A classical case of "homework dumping"
Answered by
Saqib shah
Lets take if..there is 0.39mark-up in 1000...what will be markup in year in %
If 0.39 mark-up in1000
Find X in 100..
So.
1000 0.39
100 X
Cross it we get
0.39/100 and X/1000 lets calculate
39=x/1000 we get 0.039
Now as in qusetion we have to calculte per annum so multiply it with 365
0.039×365 we get (14.235%) thanks
If 0.39 mark-up in1000
Find X in 100..
So.
1000 0.39
100 X
Cross it we get
0.39/100 and X/1000 lets calculate
39=x/1000 we get 0.039
Now as in qusetion we have to calculte per annum so multiply it with 365
0.039×365 we get (14.235%) thanks
Answered by
Ilyas Ahmad
to solve this more quickly,
= 0.39/1000
= 0.0039
Multiply it with 365
=0.0039 x 365
= 0.14235
= 0.39/1000
= 0.0039
Multiply it with 365
=0.0039 x 365
= 0.14235
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