Maharashtra State BoardHSC Commerce 12th Board Exam
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Choose the correct alternative. The difference between face value and present worth is called - Mathematics and Statistics

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MCQ

Choose the correct alternative.

The difference between face value and present worth is called

Options

  • Banker’s discount

  • True discount

  • Banker’s gain

  • Cash value

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Solution

The difference between face value and present worth is called True discount.

Concept: Discount
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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 1.1 | Page 12
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