Jagran group launched a new magazine in January 2004. The group printed 10000 copies initially for ₹ 50000. It distributed `20%` of its stock freely as specimen copy and `25%` of the rest magazines are sold at `25%` discount and s rest at `16.66%` discount whose printing price was ₹ 12 per copy .What is the overall gain or loss in the first month’s issue of magazine, if the magazine could not realize the income from advertisements or other resources?

Options

A. 56% profit
B. 27% loss
C. 16.66% profit
D. 38% profit

Answer

A