A sum of money triples itself in 3 years at simple interest. In how many years will it become 9 times of itself? |
9 years 10 years 12 years 8 years |
12 years |
We have, A sum of money triples itself in 3 years at simple interest. We have to find, In how many years will it become 9 times of itself. Triple means interest is twice than principal. And nine times means interest is 8 times of principal. So, Interest Time Twice 3 years Eight times 12 years |