The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:	Answers
A) rs . 960  B) rs . 760  C) rs . 840  D) rs . 1020  E) rs . 1615

Rationale: t . d = ( b . gx 100 ) / ( r / t ) = ( 270 x 100 ) / ( 12 x 3 ) = rs . 750 b . d . = rs . ( 750 + 270 ) = rs . 1020 . answer : d
Answer: D