A rectangular grassy plot 110 m. by 65 m has a gravel path 2.5 m wide all round it on the inside. Find the cost of gravelling the path at 80 paise per sq. metre.

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A rectangular grassy plot 110 m. by 65 m has a gravel path 2.5 m wide all round it on the inside. Find the cost of gravelling the path at 80 paise per sq. metre.