Indian Institute of Foreign Trade 2014 Solved Paper

A pharmaceutical company manufacturers 6000 strips of prescribed diabetic drugs for ₹ 8,00,000 every month, In July 2014, the company supplied 600 strips of free medicines to doctors at various hospitals. Of the remaining medicines, it was able to sell 4/5th of the strips at 25 percent discount and the balance at the printed price of ₹ 250. Assuming vendor's discount at the rate of a uniform 30 percent of the total revenue, the approximate percentage profit/loss of the pharmaceutical company in July 2014 is: