The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is: Choose the correct option
A) Rs. 960  B) Rs. 760  C) Rs. 840  D) Rs. 1020  E) Rs. 1615
T.D = (B.Gx100)/(R/T) = (270X100)/(12X3) = Rs. 750   B.D. = Rs.(750 + 270) = Rs. 1020.   answer :Rs. 1020
<result>D</result>
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is: