RS Aggarwal Quantitative Aptitude PDF Free Download: BANKER’S DISCOUNT
BANKER’S DISCOUNT IMPORTANT CONCEPTS Banker’s Discount : Suppose a merchant A buys goods worth, say Rs. 10,000 from another merchant B at a credit of say 5 months. Then, B prepares a bill, called the bill of exchange. A signs this bill and allows B to withdraw the amount from his bank account after exactly […]
