46. The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. Then banker’s discount is :
A. 500 B. 750 C. 890 D. 1020
Answer: D.
Explanation:
T.D. = [B.G. * 100 / R * T] = Rs.[270 * 100 / 12 * 3] = Rs.750.
∴ B.D. = Rs. (750 + 270) = Rs.1020.
