The volume of a cylinder is 48.125 cm^3, which is formed by rolling a rectangular paper sheet along the length of the paper. If a cuboidal box (without any lid i.e., open atthe top) is made from the same sheet of paper by cutting out the square of side 0.5 cm from each of the four corners of the paper sheet, then what is the volume of this box?

(A) 20 cm^3 (B) 38 cm^3 (C) 19 cm^3 (D) 24 cm^3