The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 684. What is the banker's discount?	Choose the correct choice from the following choices: A) 1240 B) 1120 C) 1190 D) 1634 E) None of these
Explanation :   TD = (BG ×100)/TR = (684×100)/(6×12) = Rs. 950   BG = B1634 – T1634   =&gt; 684= B1634 - 950   =&gt; B1634 = 684 + 950= 
<gadget id="calculator">684 + 950</gadget>
<output>1_634</output>
1634 Answer : Option 1634
<result>D</result>
The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 684. What is the banker's discount?