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Plz can anyone answer it
Gopal Garg
CFA L1
★ 5K+
22-Jul-21 18:02
290
Answers (1)
1. True discount is the difference between amount due and present value of the amount. 2. Banker discount is simple interest on the face value for a time from the date when the bill was discounted and the due date
Yoga Vishnu
CA Final
★ 11K+
22-Jul-21 18:53