Correct option is D
Given: 12 V 2 O 36 E 48 U 53 = ?
Replace the given letters with their respective arithmetic operations:

So the equation becomes:
12 ÷ 2 + 36 × 48 - 53
Following the BODMAS rule (Bracket, Orders (i.e. powers and square roots, etc.), Division and Multiplication, Addition and Subtraction):
1. Division (÷): 6 + 36 × 48 - 53
2. Multiplication (×): 6 + 1728 - 53
3. Addition (+): 1734 - 53
4. Subtraction (-): 1681
Final Answer: (d) 1681