The bankerâ€™s gain on a sum due 3 years hence at 12% per annum is Rs. 90. The bankerâ€™s discount is Choose the correct choice from the following answers
A) Rs.340  B) Rs.840  C) Rs.1020  D) Rs.760  E) None
Solution   T.D	=(B.G x 100 / R x T)   = Rs.(90x100/12 x 3)   = Rs.250.   B.D   =Rs(250+ 90)   = Rs.340.   Rs.340nswer Rs.340
<result>A</result>
The bankerâ€™s gain on a sum due 3 years hence at 12% per annum is Rs. 90. The bankerâ€™s discount is