The covered area of a proposed building is 150 m2 and it included a rear courtyard of 5 m × 4 m. If the prevailing plinth area rate for the similar building is Rs. 1250/m2, what is its cost?
1
Rs. 1,87,500
2
Rs. 2,12,500
3
Rs. 1,62,500
4
Rs. 3,75,000