The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The ba

Question

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is:

Options:

A . Rs. 1360

B . Rs. 1000

C . Rs. 360

D . Rs. 640

Answer: Option A

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