Answer: C
If the principal doubles, the interest on ₹100 for 20 years is ₹100.
For the principal to become three times, the interest on ₹100 must be ₹200.
\(\therefore\) Time required \(=\cfrac{20\times 200}{100}\) years = \(40\) years
If the principal doubles, the interest on ₹100 for 20 years is ₹100.
For the principal to become three times, the interest on ₹100 must be ₹200.
\(\therefore\) Time required \(=\cfrac{20\times 200}{100}\) years = \(40\) years