The Rashtrakutas and their Times c22.150

c22.150

This price is much dearer than that deduced from records Nos. 1 and 2 above, where we found it to be 3½ to 4½ seers per rupee. But the difference is due to the fact that the ghee required in these two cases was for burning a lamp, and must have, therefore, been of quite an ordinary quality. The ghee in all the cases in paragraph 3 above is described as sweet and was, therefore, naturally dearer. We may, therefore, conclude that good ghee was sold at about 2½ seers a rupee and ordinary one, at about 3½ to 4 seers a rupee. The present day variations between the prices of good and bad ghee are equally great. It will also be seen that the relative prices of good ghee and rice today are also the same; rice is sold, (to quote 1930 rates) at about 4½ seers a rupee and good ghee at about Rs. 2½ a seer. The price ratio in thus about 1 : 11.