. Indian finance and banking . ; 60 > > >- M ui i. S • S aj aft ?q^ ; s s ? ? H 9 .0 ... „• M pq • • • ? w ? 3 S S-OOi a5^ m- m 9^^ ^ «3i2 a>S-SS » m S 3 ^^ 53 -^ -g ps^g^Sog^s-Sf^g f= .aw JSJ3 .tl J5 .fcl ..t|.!.! . a .tl ..!.t!.t!f^f^EhH CC H 02 1-5 03 M H^ 1-^03 03 CO COM CO OJ1-5 CO CO I-5 CO CO CO CO CO CO W 1> 477 APPENDIX II The calculation of the circulation of rupees in India during 1912and 1913 is made as follows : Let C be the total circulation in any year, I the coinage, and rthe annual rate of wastage per rupee. After one year, out of I


. Indian finance and banking . ; 60 > > >- M ui i. S • S aj aft ?q^ ; s s ? ? H 9 .0 ... „• M pq • • • ? w ? 3 S S-OOi a5^ m- m 9^^ ^ «3i2 a>S-SS » m S 3 ^^ 53 -^ -g ps^g^Sog^s-Sf^g f= .aw JSJ3 .tl J5 .fcl ..t|.!.! . a .tl ..!.t!.t!f^f^EhH CC H 02 1-5 03 M H^ 1-^03 03 CO COM CO OJ1-5 CO CO I-5 CO CO CO CO CO CO W 1> 477 APPENDIX II The calculation of the circulation of rupees in India during 1912and 1913 is made as follows : Let C be the total circulation in any year, I the coinage, and rthe annual rate of wastage per rupee. After one year, out of I coins issued rl will disappear and(1 - r)I will remain. Similarly at the end of the second year(1 - r)^I will remain, and after n years (1 - r)I will remain. In the year 1912 the


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Keywords: ., bookcentury1900, bookdecade1920, booksubjectcurrenc, bookyear1920