Question

if Rs 10000 is invested for 6 years at 16% then how much markup will be earned

Answer 1

3750

answer is 3750

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Answer 2

Answer:

Step-by-step explanation:

Given:-

        principal=10000

        time period=6 years

        rate of profit=16

Requried:-

             to find the markup

solution:-

•           markup=profit × time period ÷ 100
•           = 10000

         result

                             Rs. 9600 = 10000 ×16×6÷100

                             100×16×6

                             1600×16

                              9600 is answer