The bankerâ€™s gain on a sum due 3 years hence at 12% per annum is Rs. 180. The bankerâ€™s discount is Answers.
A) Rs.960 B) Rs.840 C) Rs.1020 D) Rs.680 E) None
Solution   T.D	=(B.G x 100 / R x T)   = Rs.(180x100/12 x 3)   = Rs.500.   B.D   =Rs(500+ 180)   = Rs.680.   Answer Rs.680
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The bankerâ€™s gain on a sum due 3 years hence at 12% per annum is Rs. 180. The bankerâ€™s discount is