The bankerâ€™s gain on a sum due 3 years hence at 10% per annum is Rs. 120. The bankerâ€™s discount is
Options
A) Rs.960  B) Rs.840  C) Rs.520  D) Rs.760  E) None
Solution   T.D	=(B.G x 100 / R x T)   = Rs.(120x100/10 x 3)   = Rs.400.   B.D   =Rs(400+ 120)   = Rs.520.   Answer Rs.520
<result>C</result>
The bankerâ€™s gain on a sum due 3 years hence at 10% per annum is Rs. 120. The bankerâ€™s discount is