The directors of E limited made the final call of Rs.50 per share on 1st August 2012 indicating the last date of payment of call money to be 31st August. Mr.White holding 5000 shares paid the call money on October 15th 2012. If the company adopts table ‘A’,nthe amount of interest on calls-in-arrears to be paid byMr.White would be _________

The directors of E limited made the final call of Rs.50 per share on

1.	The directors of E limited made the final call of Rs.50 per share on 1st August 2012 indicating the last date of payment of call money to be 31st August. Mr.White holding 5000 shares paid the call money on October 15th 2012. If the company adopts table ‘A’,nthe amount of interest on calls-in-arrears to be paid byMr.White would be _________
A.	3125
B.	1562.50
C.	1875
D.	1500
Answer» C. 1875