Multiple Choice Questions on Jagran group launched a new magazine in January 2004 The group printed 10000 copies initially for Rs........... for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL) SSC CGL Exam

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Study Notes

    Jagran 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?

    56%

    Correct Answer

    62%

    Incorrect Answer

    74%

    Incorrect Answer

    50%

    Incorrect Answer
    Explanation:

    Total cost = Rs.50,000
    Total sale price  = 2000 * 9 + 6000 * 10 = 78,000
    Profit% = (28000/50000)*100 = 56%

    Hence, option 1 is the correct answer.


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