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Question

Traders at Agricultural Market Yards often charge the producers ___ of the purchase cost.

A
5.5%
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B
4.5%
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C
3.5%
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D
2.5%
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Solution

The correct option is C 3.5%
Though the farmers who come to sell at Agricultural Market Yards need not pay anything, the traders demand 3.5% of the trading value to cover loading, unloading, transport and maintenance costs. Traders spend up to Rs. 10 a quintal on such expenses.

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