If the true discount on a bill is $150 and its present worth is $1500, what will be the banker's gain?

05

splessons.com/lesson/true-discount-problems

Banker’s Gain (BG) is the difference between banker’s discount and the true discount for the unexpired time.

12

careerbless.com/aptitude/qa/bankersdiscount_imp.php

150 * 150 = 22500
22500 / 1500 = 15