The perimeter of the circle formed by bending the rectangular wire will be equal to the length of the wire.
Perimeter of the circle = Length of the wire
2πr = 2(l+b) where r is the radius of the circle, l is the length of the wire, and b is the breadth of the wire.
Substituting the given values, we get:
2 x 3.14 x r = 2(32 + 12)
6.28r = 88
r = 14 cm
Therefore, the radius of the circle is 14 cm.