Question

A sum of money doubles itself in 8 years at a certain rate. In how many years will

it treble (thrice) itself at the same rate of simple interest?

please give answer

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Answer 1

Step-by-step explanation:

Again after 4 years that is after 12 years the sum will become triple.

double sum in 8 years that means for every 4 years sum is increasing

8/4=2