What will be the minimum reissue price if a share of the nominal value of ₹10 issued at a premium of ₹2 per share payable along with the final call of ₹3 on which ₹7 paid-up against ₹12 called up is forfeited and reissued?

₹2 ₹3 ₹4 ₹5

₹3

Amount not received will become the minimum reissue price.