The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 900. What is the banker's discount?  Options.
A) 1240 B) 1120 C) 1190 D) 2150 E) None of these
Explanation :   TD = (BG ×100)/TR = (900×100)/(6×12) = Rs. 1250   BG = B2150 – T2150   =&gt; 900 = B2150 - 1250   =&gt; B2150 = 2150 Answer : Option 2150
<result>D</result>
The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 900. What is the banker's discount?