The difference between the banker's discount and the true discount is called _____.
Q.4 (C) (i) The difference between the banker's discount and the true discount is called _____.
Q.4 (C) (i) The difference between the banker's discount and the true discount is called _____.
Best answer
Answer: banker's gain
B.G. = B.D. \(-\) T.D., which is the interest on the true discount.
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