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Jagran group launched a new magazine in ...

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?

A

`56%` profit

B

`27%` loss

C

`16.66` profit

D

`38%` profit

Text Solution

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The correct Answer is:
A
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