Question:
A certain sum placed at compound interest triples itself in 5 years. In how many years will it amount to nine times at the same rate of interest?
A certain sum placed at compound interest triples itself in 5 years. In how many years will it amount to nine times at the same rate of interest?
Updated On: Jul 24, 2024
- 8 years
- 10 years
- 12 years
- 14 years
- 16 years
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The Correct Option is B
Solution and Explanation
The correct answer is option (B): 10 years
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