Question

A bank charges mark-up @ Rs.34.25 per week per Rs.10,000/-, rate of mark-up as percent per
annum is:
​

Answer 1

Answer:

=0.0066%

Step-by-step explanation:

% per week = 34.25 / 10000 × (100)

one year = 52 weeks

% per annum = 34.25 / 52 / 10000 × (100) =0.0066%