what is 3 times as many as 24
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This phrase is the key part (times as many) and it sim[ply means a number times the other.
In our case it means 3 times 24 or three multiplied by 24 times.
it means 3 x 24= 72
However there are variations to the same whereby the numbers may be used to mean objects:
A good example is
john has 15 books as many times as peter. This is to mean if peter has say 5 book then John has 15 times 5
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