Chapter: Commission, Brokerage and Discount· Mathematics & Statistics (Commerce) Part 2

The banker's discount is also called as commercial discount.

Q.4 (B) (i) The banker's discount is also called as commercial discount.

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The interest charged by the banker on the face value of the bill for the unexpired period is called banker's discount; it is also known as commercial discount.

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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The banker's discount is also called as commercial discount.

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