Estimating, Cost and Valuation Valuation

The covered area of the proposed building is 150 m2 and it includes a rear courtyard of 5 m × 4 m. If the plinth area rate for similar buildings is Rs.1,250/m2, what is its cost?

1
Rs.1,87,500
2
Rs. 2,12,500
3
Rs. 3,75,000
4
Rs. 1,62,500

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