If a certain sum becomes 3 times in 6 years at compound interest, then in how many years, it will become 81 times?
Let principal sum = Rs. $$P$$ and rate of interest = $$r\%$$
Amount under compound interest = $$P(1+\frac{r}{100})^T$$
Thus, after 6 years
=> $$P(1+\frac{r}{100})^6=3P$$
=> $$(1+\frac{r}{100})^6=3$$
=> $$(1+\frac{r}{100})=(3)^{\frac{1}{6}}$$ -------------(i)
Now, Let after $$t$$ years sum becomes 81 times
=> $$P(1+\frac{r}{100})^t=81P$$
=> $$(3)^{\frac{t}{6}}=(3)^4$$
Comparing the exponents, we get :
=> $$\frac{t}{6}=4$$
=> $$t=4\times6=24$$ years
=> Ans - (D)
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