Note 16 — Chapter III
Reading edition
The rupee contains ⅜ oz. of silver of eleven–twelfths fineness. When standard silver is at 24d. per oz. the cost of a rupee to the Government is about 9·181d.; at 32d. per oz. it is about 12·241d. The average rate of profit on coinage of rupees from 1910 to May 1912 was about 42% of the nominal value.