A limited company issued 10,000 equity shares of ₹100 each, payable ₹25 on application, ₹25 on allotment, ₹25 on first call and ₹25 on final call. One shareholder to whom 800 shares were allotted failed to pay the final

A limited company issued 10,000 equity shares of ₹100 each, payable ₹25 on application, ₹25 on allotment, ₹25 on first call and ₹25 on final call. One shareholder to whom 800 shares were allotted failed to pay the final call money. First call was made three months after the allotment and the final call was made three months after the first call. The company received calls-in-arrears on 800 shares 3 months after the final call became due. If the company adopts Table F of Schedule I, the maximum interest payable on calls-in-arrears is: