Mathematics for FinanceMTP Jun 24Question 1413 of 422
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A sum of money, lent out at simple interest, doubles itself in 8 years. Find in how many years will the sum become 3 times itself.

Options

A16 years
B15 years
C20 years
DNone of these
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Correct Answer

Option a16 years

All Options:

  • A16 years
  • B15 years
  • C20 years
  • DNone of these

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