How much interest would Sonia have to pay on a loan of Rs. 25,000 at the rate of 12% p.a. compounded quarterly for the period of 1 year (rounded off to two decimal places)? 

1
Rs. 3,127.52
2
Rs. 3,000.00
3
Rs. 2,137.72
4
Rs. 3,137.72

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