A novel solar cooker that does not require any tracking, has been designed, fabricated and tested and its performance has been compared with the hot-box solar cooker. The performance of the novel solar cooker is almost similar with the hot-box solar cooker though it is kept fixed while the hot box is tracked towards the sun every hour. The overall efficiency of the novel solar cooker has been found to be 29.5%. The payback period varies between 1.30 and 3.29 years depending upon the fuel it replaces. The payback periods are in the increasing order with respect to fuels such as firewood, coal, electricity, kerosene and LPG. The short payback period shows that the use of the novel non-tracking solar cooker is economical.