A student performs an experiment to determine the Young's modulus of a wire exactly 2 m long by Searle's method. In a particular reading, he measures the extension in the length of the wire to be 0.8 mm with an uncertainty of ±0.05mm at a load of exactly 1.0 kg. He also measures the diameter of the wire to be 0.4mm with an uncertainty of ±0.01mm. The Young's modulus obtained from the reading is: