Gagan borrowed a sum of ₹2,500 at 8% per annum compound interest. He paid ₹1,000 at the end of the first year and ₹500 at the end of the second year. In order to clear his dues at the end of 4 years. how much (to a nearest rupee) will he have to pay?

A

₹1,558

B

₹1,628

C

₹1,443

D

₹1,800