The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is
Choices:
A) Rs.960	B) Rs.840	C) Rs.1020	D) Rs.760	E) None
Solution   T.D	=(B.G x 100 / R x T)   = Rs.(270x100/12 x 3)   = Rs.750.   B.D   =Rs(750 + 270)   = Rs.1020.   Answer Rs.1020
<result>C</result>
The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is