How did the use of Arabic numerals help banking and trade?

The use of Arabic numerals, which include ten digits from 0 to 9, greatly simplified calculations and record-keeping in banking and trade. Their positional value system allowed for easier representation of large numbers and more efficient arithmetic operations, such as addition, subtraction, multiplication, and division. This enhanced accuracy and speed in financial transactions, helping to facilitate trade and commerce. As a result, Arabic numerals became the standard in bookkeeping, leading to more organized and reliable financial practices.