It is decided to construct a 2 metre broad pathway around a rectangular plot on the inside. If the area of the plot is 96 sq.m. and the rate of construction is Rs. 50 per square metre, what will be the total cost of construction?

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It is decided to construct a 2 metre broad pathway around a rectangular plot on the inside. If the area of the plot is 96 sq.m. and the rate of construction is Rs. 50 per square metre, what will be the total cost of construction?