The banker's profit on an amount due in three years at 12% per annum is Rs. 270. The banker's discount is calculated as follows:
A. Rs960
B. Rs840
C. Rs1020
D.Rs 760
Answer:D
The banker's profit on an amount due in three years at 12% per annum is Rs. 270. The banker's discount is calculated as follows:
A. Rs960 B. Rs840 C. Rs1020 D.Rs 760