The length and the breadth of a rectangular piece of land are 500 m and 300 m respectively. Find(i) its area  (ii) the cost of the land, if 1 m2 of the land costs Rs 10,000.

Explanation

To solve the problem step by step, we will find the area of the rectangular piece of land and then calculate the cost based on the area.

### Step 1: Identify the dimensions of the rectangle
- The length of the rectangular piece of land is given as 500 m.
- The breadth of the rectangular piece of land is given as 300 m.

### Step 2: Calculate the area of the rectangle
- The formula for the area \( A \) of a rectangle is:
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