A photography dealer ordered 60 Model X cameras to be sold for $250 each, which represents a 10 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 60 cameras?	Choose the correct option
A) 7% loss B) 13% loss C) 4% profit D) 13% profit E) 15% profit
Total cost 60*($250/1.1)=54.54*250;   # of cameras sold is  60-6= 
<gadget id="calculator"> 60-6</gadget>
<output>54</output>
54 total revenue is 54*250;   # of cameras returned is 6 total refund 6*(250/1.1)*0.5;   So, total income 54*250+ 6*(250/1.1)*0.5   The dealer's approximate profit is (54*250+ 6*(250/1.1)*0.5-54.54*250)/(54.54*250)*100=4%   Answer: 4% profit.
<result>C</result>
A photography dealer ordered 60 Model X cameras to be sold for $250 each, which represents a 10 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 60 cameras?