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प्रश्न
The difference between face value and present worth is called ______.
पर्याय
Banker’s discount
True discount
Banker’s gain
Cash value
MCQ
रिकाम्या जागा भरा
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उत्तर
The difference between face value and present worth is called true discount.
Explanation:
The difference between the Face Value and the Present Worth of a bill is called True Discount. It represents the reduction in value of the bill before its maturity date.
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