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Sanskrit text, Unicode transliteration and English translation by Ganganath Jha:

啶�啶炧�嵿�氞ぐ啶距い啷嵿ぐ啷� 啶�啶炧�嵿�氞ぐ啶距い啷嵿ぐ啷� 啶�啶曕�嵿し啷� 啶�啶曕�嵿し啷囙そ啶� 啶掂ぞ 啶椸い啷� 啷�
啶曕�佮ぐ啷嵿さ啷�啶� 啶氞�堗し啶距�� 啶�啷嵿ぐ啶む�嵿く啶曕�嵿し啶�啶班�嵿�樴じ啶傕じ啷嵿ぅ啶距お啶ㄠ�� 啶ㄠ�冟お啶� 啷� 啷�啷︵�� 啷�

pa帽car膩tre pa帽car膩tre pak峁�e pak峁�e'tha v膩 gate |
kurv墨ta cai峁Ｄ佱箖 pratyak峁�amarghasa峁僺th膩pana峁� n峁沺a岣� || 402 ||

After the lapse of every five days, or after that of every fortnight, the king shall publicly fix the prices of things.鈥�(402)

 

Medh膩tithi鈥檚 commentary (manubh膩峁�ya):

In as much as the source and destination and other circumstances concerning commodities are variable, there are several rises and falls in their prices. Hence the fixing of the price should be done publicly after every five days; and it should not be regarded as done once for all; nor should entire reliance be placed upon the traders alone; the king himself should be always wide awake.

In connection with articles that take a long time to be disposed of, the prices should be fixed every fortnight, while in other things it should be done after every five Says.鈥�(402)

 

Explanatory notes by Ganganath Jha

Buhler is not right in saying that 鈥楳edh膩tithi omits this and the next four verses鈥欌��(See Translation).

This verse is quoted in 痴颈惫腻诲补谤补迟苍腻办补谤补 (p. 301), where it is remarked that the prices should be settled every fortnight for such commodities as take a long time to dispose of, and every five days for those that are disposed of quickly.

It is quoted in 笔补谤腻艣补谤补尘腻诲丑补惫补 (Vyavah膩ra, p. 315), which adds the following notes:鈥擨n the case of country-produces which are disposed of the same day, he should fix the profit at 5 per cent; and in that of foreign products disposed of the same day, 10 per cent; in the case of commodities which take sometime in being disposed of, the amount of profit is to be fixed in accordance with the time likely to be taken in their disposal; and in the case of commodities imported from foreign countries, the cost of the journey both ways, of the customs and other duties paid, should be totalled up and added to the price paid, and upon this the prices should be so fixed that the trader makes a profit of 10 per cent on the total outlay. In short the king shall so fix the prices that the interests of neither the consumer nor the supplier may suffer.

It is quoted in 础辫补谤腻谤办补 (p. 827);鈥攁nd in 惭颈迟腻办峁�a谤腻 (2.251), where 叠腻濒补尘产丑补峁�峁�墨 adds the following notes:鈥擣or commodities that cannot keep long, every five days, for those that can keep a little longer, every fortnight, and for those that can keep much longer, every month,鈥攖he king should have the prices fixed by trustworthy officers in the presence of himself as also of the expert merchants;鈥攚hat the repetition (鈥�pa帽car膩tre pa帽car膩tre鈥�) means is that the prices are to be fixed after five days or 鈥榓fter a fortnight鈥�, &c., always throughout the king鈥檚 life.

 

Comparative notes by various authors

(verses 8.401-402)

See Comparative notes for Verse 8.401.