A manufacturer undertakes to supply 2000 pieces of a particular component at the rate of Rs. 25 per piece. according to his estimate, even if 5% of the supply fail to pass the quality test, then he will make a profit of 25%. However, as it turned out, 50% of the supplied components were rejected. The loss to the manufacture is
1
Rs. 14,000
2
Rs. 13,000
3
Rs. 12,000
4
Rs. 15,000