The Mindworkzz prints 5000 copies of a magazine for 5,00,000 every month. In the July issue of the magazine, Mindworkzz distributed 500 copies free. Besides, it was able to sell 2/3 of the remaining magazines at 20% discount. Besides, the remaining magazines were sold at the printed price of the magazine (which was 200). Find the percentage profit of Mindworkzz in the magazine venture in the month of July (assume a uniform 20% of the sale price as the vendor's discount and also assume that Mindworkzz earns no income from advertising for the issue).

The total cost for 5000 magazines is Rs. 5,00,000, and 500 copies are distributed free, leaving 4500 copies for sale. Two-thirds of the remaining copies, which is 3000 magazines, are sold at a 20% discount on the Rs. 200 printed price, yielding Rs. 160 each, while the remaining 1500 copies are sold at the full Rs. 200 price. The gross sales amount is 480000 plus 300000, equaling Rs. 7,80,000, and after subtracting the 20% vendor discount of Rs. 1,56,000, the net revenue is Rs. 6,24,000, resulting in a profit percentage of 124000 divided by 500000 times 100, which is 24.8%.

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