Statistics of phone freedom251.
291rs per phone. (251+40rs shipping)
x 6L order per second = 17.46 cr
It was taking order till 12.15pm approx
I.e 6 hrs and 15 min which is 22,500 seconds
17.46 cr per sec x 22,500 sec
=
3,92,850 cr3,88,494 cr was turnover of reliance industries in year 2014-15
That means within 6 hrs 15min they crossed turnover of reliance
Within 6 second tax audit become applicable to that company
And if we calculate interest on the said amount per day
3,92,850 cr x 4% x 1/365 (by taking minimum interest rate)
=
43.05 cr
And if after 4 months they will say we are unable to give product and refund 291rs to everyone
43.05 cr x 120 days approx
=
5,166 cr They will earn within 4 months by way of interest
Now you will say about their promotion cost
Deduct 50L,1 cr, 5 cr or even 50 cr, that will not make much difference to the figure
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