Step 1: Calculating the length of the fence
Given
The length of the each side of the square=55 m
The perimeter of the square plot is given by:
P=4×(side)
P=4×(55)
P=220 m
We know that,
The length of the fence = perimeter of plot = 220 m
Step 2: Calulating the cost of fencing at the rate of 32 per meter
Cost of fencing the plot
=Length offence×rate offencing
=220×32=₹ 7040
Hence,the cost of fencing the field is ₹ 7,040.