A bus stop is barricaded from the remaining part of the road, by using 50 hollow cones made of recycled cardboard. Each cone has a base diameter of 40 cm and height 1 m. If the outer side of each of the cones is to be painted and the cost of painting is ₹12 per m2, what will be the cost of painting all these cones? (Use π = 3.14 and take \sqrt{104} = 102)