Question

A dishonest shopkeeper buys an article for 5% less than its value and sells it for 5% more than its value his gain percentage is?

Answer 1

let it's real value is 100
then cp= 100- 100×5%=95
sp = 100+100×5%=105
so, profit= 105-95=10
profit %= 10×100÷95=10.53%