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If a certain sum becomes 3 times In 6 ye...

If a certain sum becomes 3 times In 6 years at compound interest, then in how many years, it will become 81 times?

A

81

B

162

C

27

D

24

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will use the concept of compound interest and the relationship between the time and the growth of the investment. ### Step-by-Step Solution: 1. **Understanding the Problem**: We know that a certain sum becomes 3 times in 6 years at compound interest. We need to find out how many years it will take for the same sum to become 81 times. 2. **Expressing the Growth**: The sum becomes 3 times in 6 years. We can express this as: \[ A = P(1 + r)^n \] where \( A \) is the amount after time \( n \), \( P \) is the principal amount, \( r \) is the rate of interest, and \( n \) is the number of years. In our case, after 6 years: \[ 3P = P(1 + r)^6 \] Dividing both sides by \( P \): \[ 3 = (1 + r)^6 \] 3. **Finding the Relationship for 81 Times**: We want to find out how many years \( x \) it will take for the sum to become 81 times: \[ 81P = P(1 + r)^x \] Dividing both sides by \( P \): \[ 81 = (1 + r)^x \] 4. **Expressing 81 in Terms of 3**: We can express 81 as: \[ 81 = 3^4 \] Therefore, we can rewrite the equation: \[ 3^4 = (1 + r)^x \] 5. **Using the Previous Equation**: From our earlier step, we know that: \[ 3 = (1 + r)^6 \] Now we can relate these two equations. We can express \( (1 + r)^x \) in terms of \( (1 + r)^6 \): \[ (1 + r)^x = (3)^{\frac{x}{6}} \] 6. **Equating the Powers**: Now we equate the two expressions: \[ 3^4 = (3)^{\frac{x}{6}} \] This implies: \[ 4 = \frac{x}{6} \] 7. **Solving for \( x \)**: To find \( x \), we multiply both sides by 6: \[ x = 4 \times 6 = 24 \] ### Final Answer: The sum will become 81 times in **24 years**. ---
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