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The banker's gain on a sum due 3 years hence at 5% is Rs. 90. The banker's discount is?

Rs. 690
Rs. 720
Rs. 810
Rs. 150

Correct Answer: Rs. 690

Explanation:

T.D. = (B.G. x 100) / (R x T) = Rs. (90 x 100) / (5 x 3)
= Rs. 600
∴ B.D. = Rs. (600 +90) = Rs. 690

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