Answer: C
In 8 years, if the principal amount becomes 3 times its original value, it means the interest on x rupees is 2x rupees in 8 years.
For the principal to become 5 times its original value, the interest on x rupees must be (5x - x) = 4x rupees.
\(\therefore\) The required time will be \(8 \times 2\) years = 16 years.
In 8 years, if the principal amount becomes 3 times its original value, it means the interest on x rupees is 2x rupees in 8 years.
For the principal to become 5 times its original value, the interest on x rupees must be (5x - x) = 4x rupees.
\(\therefore\) The required time will be \(8 \times 2\) years = 16 years.