Outer Loop Run Inner Loop Run
i=1, m=3 j=(1 to 3) i.e Total 3 times
i=2, m=3^2 j=(1 to 3) i.e Total 3^2 times
i=3, m=3^3 j=(1 to 3^3) i.e Total 3^3 times
.
.
i=n, m=3^n j=(1 to 3^n) i.e Total 3^n times
Total Number of times loop executes = 3+ 3^2+ 3^3 + 3^4 ......+3^n
=3(3^n-1)/(3-1)
=O(3^n)