Given: Length of a rectangular piece of land = 500 m and Breadth of a rectangular piece of land = 300 m
(i) Area of a rectangular piece of land
= Length x Breadth
= 500 x 300 = 1,50,000 m2
(ii) Since, the cost of 1 m2 land = Rs 10,000
Therefore, the cost of 1,50,000 m2 land = 10,000 x 1,50,000
=Rs 1,50,00,00,000