The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 828. What is the banker's discount?
Choose one:  A) 1240  B) 1120  C) 1190  D) 1978  E) None of these
Explanation :   TD = (BG ×100)/TR = (828×100)/(6×12) = Rs. 1150   BG = B1978 – T1978   =&gt; 828= B1978 - 1150   =&gt; B1978 = 1978 Answer : Option 1978
<result>D</result>
The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 828. What is the banker's discount?