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Fill in the Blank. The difference between the banker’s discount and the true discount is called _______. - Mathematics and Statistics

Fill in the Blanks

Fill in the Blank.

The difference between the banker’s discount and the true discount is called _______.

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Solution

The difference between the banker’s discount and the true discount is called bankers gain.

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 2.06 | Page 12
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