The bankerâ€™s gain on a sum due 3 years hence at 10% per annum is Rs. 60. The bankerâ€™s discount is  Select the correct option:
A) Rs.960 B) Rs.840 C) Rs.1020 D) Rs.760 E) Rs.260
Solution   T.D	=(B.G x 100 / R x T)   = Rs.(60x100/10 x 3)   = Rs.200.   B.D   =Rs(200+ 60)   = Rs.260.   Answer Rs.260
<result>E</result>
The bankerâ€™s gain on a sum due 3 years hence at 10% per annum is Rs. 60. The bankerâ€™s discount is