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Question

A sum of money at CI amounts to thrice itself in 3 years. In how many years will it be 9 times itself?

A
18
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B
12
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C
6
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D
3
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Solution

The correct option is C 6
Let the sum = Rs.x.
Then we have 3x=x(1+r100)3
By squaring both the sides,
9x2=x2(1+r100)6
The sum x will be 9 times in 6years.

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