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Reply To: How to calculate rate of a gem

Profile photo of raghu

Thank you Tomi-jC and Syd-prickett.
What I wanted to know is that in some respected institutions in the trade have stated that
rate= carat*carat*price.
how is this to be understood.They are clea that if carat weight is 2carat than price will be 4*price of the stone.
Thanks in advance.

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