A former borrowed ₹1,32,000 from a money lender to do cultivation in his field. The rate of interest is 12.5% per annum compounded annually. At the end of two years, he cleared his loan by paying ₹1,07,062.50 and his scooter. The cost (in ₹) of the scooter is:

A

75,000

B

45,000

C

60,000

D

50,000