Math, asked by amanpatel98768, 7 months ago

Relation between bankers gain and simple interest​

Answers

Answered by pankajkumar1253
1

Hello friend!

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). In other words, the true discount is the simple interest on the present value or worth for the unexpired time. ... So, if the bank pays Rs.

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