The banker s gain on a sum due 3 years hence at 12% per annum is Rs. 3 – McqOptions

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1.	The banker s gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker s discount is:
A.	Rs. 1360
B.	Rs. 1000
C.	Rs. 360
D.	Rs. 640
Answer» B. Rs. 1000

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