Akhilesh gave Rs. 30,000 to his friend for 2 years at the rate of 8% i – McqOptions

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1.	Akhilesh gave Rs. 30,000 to his friend for 2 years at the rate of 8% interest per annum. His friend returned only Rs. 26,000. How much more money is his friend suppose to return?
A.	Rs. 8,600
B.	Rs. 8,800
C.	4, 800
D.	9600
E.	None of these
Answer» C. 4, 800

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