we know from sum of powers is
$$\sum_{k=0}^{n}z^k = 1 + z + z^2 +... +z^n = \frac{z^{(n+1)} -1}{z-1}$$
so for a matrix A, we can similarly define
$$\sum_{k=0}^{n}A^k = 1 + A + A^2 +... +A^n = (A - I)^{-1}(A^{n+1} - I)$$
such that $(A - I)^{-1}$ exists that is $det(A - I) \neq 0$
as given in Question
$$B = A + A^2 +... +A^{50} = (A - I)^{-1}(A^{50+1} - I) - I $$
given,
$$A = \begin{bmatrix} -1 & 2\\ 0& -1 \end{bmatrix}$$
we find,
$$ A - I = \begin{bmatrix} -1 &2 \\ 0&-1 \end{bmatrix} - \begin{bmatrix} 1 & 0 \\ 0& 1 \end{bmatrix} = \begin{bmatrix} -2 &-2 \\ 0 & -2 \end{bmatrix}$$
now, calculating the determinant of (A-I)
$$ det(A-I) = det(\begin{bmatrix} -2 & -2\\ 0 & -2 \end{bmatrix}) = 4$$
Now we find the inverse of (A-I),
$$(A - I)^{-1} = (1/4)( \begin{bmatrix} -2 & -2\\ 0 & -2 \end{bmatrix}) = \begin{bmatrix} -1/2 & -1/2 \\ 0 & -1/2 \end{bmatrix} $$
Computing $A^{51}$ by hand is tiresome so we need to check for patterns
$$ A^2 = \begin{bmatrix} -1 & 2\\ 0 & -1 \end{bmatrix} \begin{bmatrix} -1 & 2\\ 0 & -1 \end{bmatrix} = \begin{bmatrix} 1 & -4\\ 0 & 1 \end{bmatrix}$$
and
$$ A^3 = A^2A \\ \\ A^3 = \begin{bmatrix} 1 & -4\\ 0 & 1 \end{bmatrix} \begin{bmatrix} -1 & 2\\ 0 & -1 \end{bmatrix} = \begin{bmatrix} -1 & 6\\ 0 & -1 \end{bmatrix} $$
Now we see a Pattern, so therefore
$$ A^n = \begin{bmatrix} (-1)^n & (-1)^{n+1}2n\\ 0 & (-1)^n \end{bmatrix} $$
Now we need to put everything together
$$ A^{51} = \begin{bmatrix} -1 & 102\\ 0 & -1 \end{bmatrix} $$
$$ B = (A - I)^{-1}(A^{50+1} - I) - I $$
$$ \implies B = \begin{bmatrix} -1/2 & -1/2\\ 0 & -1/2 \end{bmatrix} \left ( \begin{bmatrix} -1 & 102\\ 0 & -1 \end{bmatrix} - \begin{bmatrix} 1 & 0\\ 0 & 1 \end{bmatrix} \right ) - \begin{bmatrix} 1 & 0\\ 0 & 1 \end{bmatrix} $$
$$ \implies B = \begin{bmatrix} 0 & -50\\ 0 & 0 \end{bmatrix} $$
$$ \implies B^2 = \begin{bmatrix} 0 & 0\\ 0 & 0 \end{bmatrix} $$
Therefore Option B is correct Answer