Calculate Wastage in Gold Jewelry: Charges, Percentages, and Cost Explained
To calculate wastage in gold jewelry, use this formula: Wasted gold = Gold weight × (Wastage charge ÷ 100). For example, with 10 grams of gold and a 5% wastage charge, the waste is 0.5 grams. Thus, the final gold weight is 10 grams – 0.5 grams = 9.5 grams. For instance, if a piece … Read more