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Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city's crowded streets that it sells for 801 rupees. (Indian
Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city's crowded streets that it sells for 801 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company's operations last year follow:
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