1. How money creates money. One of my friend earn very well just by following this simple mind logic. Let me explain you this through one ...
1. How money creates money.
One of my friend earn very well just by following this simple mind logic.
Let me explain you this through one of the examples.
Price of this roasted chana would be somewhere around 80 rupees per kilogram (if that is bought in bulk, that price could be reduced upto 65 rupees per kg.)
Let’s now create money by applying little toil of ourselves.
Take,
20g of Chilli powder = 4 Rs
20g of coriander powder = 4 Rs
10g of cumin powder = 4Rs
40 g of mixed ginger-garlic and tomato powder = 10Rs
And Salt cost to be considered negligible
Mix each of the ingredients well fine.
Total ingredient cost = 80 + 30= 110 rupees.
Now package it ,
Which costs you,
Packaging cost + Nitrogen gas + preservatives = 5 rupees per 100g of a package.
Let’s make 10 such packages of 100g
So total investment would be 110 +50 = 160 rupees.
The end product would be so delicious that according to my experience will be sold minimum for 40 rupees per 100g pack.
40 × 10 = 400 rupees.
400 - 160= 240 rupees.
So here you made 240 rupees as a profit on 160 of investment.
Now imagine you selling thousands of such packages.
So here you generated money by yourself.
Actually as per my experience, indian people consider packaged food to be branded and imported, and ready to pay more.
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