The bankerâ€™s gain on a sum due 3 years hence at 17% per annum is Rs. 100. The bankerâ€™s discount is	Choose the correct choice:
A) Rs.960
B) Rs.840
C) Rs.296
D) Rs.760
E) None
Solution   T.D	=(B.G x 100 / R x T)   = Rs.(100x100/17 x 3)   = Rs.196.   B.D   =Rs(196+ 100)   = Rs.296.   Answer Rs.296
<result>C</result>
The bankerâ€™s gain on a sum due 3 years hence at 17% per annum is Rs. 100. The bankerâ€™s discount is