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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