Question

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is? 

Answer 1

T.D = [tex]( \frac{BG*100}{R*T} ) = Rs. ( \frac{270*100}{12*3} ) = Rs. 750 [/tex]
=> BD = Rs. (750+270) = Rs. 1020

Answer 2

The Answer Is Rs.1020
Explanation:
T.D. = B.G x 100   = Rs. 270 x 100 = Rs. 750
           ----------             -------------------
           R x T                   12 x 3
Therefore B.D. = Rs.(750+270) = Rs.1020