Question

What is banker's discount?​

Answer 1

Answer:

It is the simple interest on a face value or amount due for the period from the date on which the bill was discounted till the legal due date or for the unexpired time

Step-by-step explanation:

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Answer 2

Answer:

Banker's discount is the simple interest on the face value or amount due for the period from the date on which the bill was discounted till the legally due date or for the unexpired time.

Step-by-step explanation:

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