Saturday 30 November 2013

Got stunned (cheated?) by buying at Pamadi Jewellers

Bought a gold nose pin for Smitha at Pamadi Jewellers at a cost of Rs. 860.  And got stunned (cheated??) after I did my calculations after coming home.  The weight of nosepin was 140mg, and the gold rate today in Bangalore according to the shopkeeper is Rs. 2902 (though some websites show it to be Rs. 2860).  Which means, according to the shopkeeper, going my the weight of gold, the nose pin should have cost 0.140*2902 = Rs. 406.  And he has charged Rs. 860.  Now, when I enquire him on phone, he says nose pins are not rated as per gold weight, they are given a rate per piece. :O

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