Mathematics · Simple Interest

A sum of money doubles itself at a simple interest rate in 12 years. In how many years would it triple itself?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

130 years
224 years✓
318 years
436 years

Correct answer

24 years

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A sum of money doubles itself at a simple interest rate in 12 years. In how many years would it triple itself?

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