Diameter of the circular table cover = 1.5 m
∴ Radius of the circular table cover = 1.52 m
Circumference of circular table cover = 2πr
=2×3.14×1.52=4.71 m
Therefore, the length of required lace is 4.71 m
Now the cost of 1 m lace = Rs. 15
Then the cost of 4.71 m lace = 15×4.71=Rs.70.65
Hence, the cost of 4.71 m lace is ₹ 70.65