A bus stop is barricaded from the remaining part of the road, by using 50 hollow cones made of recycled cardboard. Each cone has a base diameter of 40 cm and height 1 m. If the outer side of each of the cones is to be painted and the cost of painting is Rs 12 per `m^2`, what will be the cost of painting all these cones (use `pi = 3.14`, and take `sqrt(1.04)=1.02`) ?