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Answer :
The start bid is $39.50, the next minimum bid is 5% of the current bid rounded to the nearest 50c.
For example:
Current bid is $39.50 5% of $39.50 = $1.98 $39.50 + $1.98 = $41.48 Rounded to the nearest 50c Next minimum bid is $41.50
Prices exclude GST |