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State whether the following statement is True or False. The bankers discount is also called as commercial discount. - Mathematics and Statistics

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Question

State whether the following statement is True or False.

The bankers discount is also called as commercial discount.

Options

  • True

  • False

MCQ
True or False
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Solution

True.

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Chapter 1: Commission, Brokerage and Discount - Miscellaneous Exercise 1 [Page 12]

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Balbharati Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 3.08 | Page 12
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