A photography dealer ordered 72 Model X cameras to be sold for $250 each, which represents a 20 percent markup over the dealer’s initial cost for each camera. Of the cameras ordered, 6 were never sold and were returned to the manufacturer for a refund of 50 percent of the dealer's initial cost. What was the dealer's approximate profit or loss as a percent of the dealer’s initial cost for the 72 cameras?
Choose the correct choice from the following choices
A) 7% loss  B) 13% loss  C) 7% profit  D) 14% profit  E) 15% profit
Total cost 72*($250/1.2)=60*250;   # of cameras sold is  72-6= 
<gadget id="calculator"> 72-6</gadget>
<output>66</output>
66 total revenue is 66*250;   # of cameras returned is 6 total refund 6*(250/1.2)*0.5;   So, total income 66*250+ 6*(250/1.2)*0.5   The dealer's approximate profit is (66*250+ 6*(250/1.2)*0.5-60*250)/(60*250)*100=14%   Answer: 14% profit.
<result>D</result>
A photography dealer ordered 72 Model X cameras to be sold for $250 each, which represents a 20 percent markup over the dealer’s initial cost for each camera. Of the cameras ordered, 6 were never sold and were returned to the manufacturer for a refund of 50 percent of the dealer's initial cost. What was the dealer's approximate profit or loss as a percent of the dealer’s initial cost for the 72 cameras?