The directors of K Ltd. made the final call of Rs.20 per share on 15-Sep-2014, indicating the due date of payment as 30-Sep-2014. Mr. F, a holder of 8,000 shares paid the call money on 15-Nov-2014. Calculate the interest on calls in arrears. a) Rs.800 b) Rs.1,000 c) Rs.1,200 d) Rs.1,333
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1200 interest in calls an arrear
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