Question

1) The difference between face value and present worth is called
a) Banker's discount
b) True Discount
c) Banker's Gain
d) Cash Value​

Answer 1

Answer:

c) Bankers Gain

Explanation:

The interest on the bill value (face value) is called the banker's discount and the difference between the banker's discount and true discount (T.D) is called banker's gain (B.G).