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Consider Iam going to buy 916 KDM gold from chennai

1 grm Price = 2796.00

I select one chain, Its weight is 8.206 ( 8gram and 206 milli)

Wastage is 14%

8.206

14% of 8.206 = 1.148

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9.354 gram

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9.354 gram x 2796.00 = Rs. 26,153.78

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Q: How do you calculate wastage in gold?
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