In a certain time, a sum becomes 3 times at the rate of 5% per annum. At what rate of interest the same sum becomes 6 times in same duration?

In a certain time, a sum becomes 3 times at the rate of 5% per annu

1.	In a certain time, a sum becomes 3 times at the rate of 5% per annum. At what rate of interest the same sum becomes 6 times in same duration?
A.	7%
B.	9%
C.	12.5%
D.	17%
Answer» D. 17%

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In a certain time, a sum becomes 3 times at the rate of 5% per annum. At what rate of interest the same sum becomes 6 times in same duration?

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