Question

5. Find the markup on a principal amount of Rs. 75,500 at the rate of 9% per
annum for 4 years.​

Answer 1

Answer:

Markup =4 x {(9/100) x 75,500=

₹27180

First of all, calculate, Markup or increase for 1 year=9/100 X 75500

And multiply it by 4

Answer 2

27180

Step-by-step explanation:

Markup price = PRT/100

Markup price = 75500×9×4/100

Markup price = 2718000/100

Markup price = 27180