Question

The price of bicycle including markup is Rs 5610. If the markup rate is 5% per annum,find the amount of markup for 146 days​

Answer 1

Answer:

P = Rs. 6250, R = 14 % & T = (146/365) years = 2/5 years .

S.I=Rs.[6250*14*25100/]=Rs.350

Step-by-step explanation:

Answer 2

Answer:

112.20

Step-by-step explanation:

Cost of bicycle = Rs.5610

Markup rate = 5%

Time period = 146 days

Markup =?

We know that

Time = 146 / 365

Time = 2 / 5

cost x rate x time

= 5610 x 2 x 5 / 10 x 5

= 56100 / 50

= 112.20