Length of the rectangular plot of land, l = 75.5 m
Breadth of the rectangular plot of land, b = 30.5 m
∴ Area of rectangular plot of land = l × b
= 75.5 × 30.5
= 2302.75 m2
Cost of 1 m2 of rectangular plot of land = 1000 rupees
∴ Cost of 2302.75 m2 of rectangular plot of land = 1000 × 2302.75
= 2302750 rupees
Hence, the value of the rectangular plot of land is Rs 2302750.