CAT 2024 Geometry & Mensuration — Previous Year Question

A farmer has a triangular plot of land. One side of the plot, henceforth called the base, is 300 feet long and the other two sides are equal. The perpendicular distance, from the corner of the plot, where the two equal sides meet, to the base, is 200 feet. To counter the adverse effect of climate change, the farmer wants to dig a circular pond. He plans that half of the circular area will be inside the triangular plot and the other half will be outside, which he will purchase at the market rate from his neighbour. The diameter of the circular plot is entirely contained in the base and the circumference of the pond touches the two equal sides of the triangle from inside. If the market rate per square feet of land is Rs. 1400, how much does the farmer must pay to buy the land from his neighbour for the pond? (Choose the closest option.)