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chronical group launched a new magazine in January 2004. The group printed 10000 copies initially for Rs. 50000. It distributed 20% of its stock freely as specimen copy and 25% of the rest magazines are sold at 25% discount and rest at 16.66% discount whose printing price was Rs. 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?
55%
56%
57%
58%
Total cost = Rs.50,000 Total sale price = 2000 * 9 + 6000 * 10 = 78,000 Profit% = (28000/50000)*100 = 56%
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