a person cheats 5% on the purchase price of a product and also cheats 5% on the sale price. find the gain/loss percentage

• where it has the formula
  ie if both gain and loss is same then the given
  formula is (x/2)^2*100
  ie (5/2)^2*100=25%
• 12 years agoHelpfull: Yes(7) No(0)
• So the man purchases the product in Rs.95 and he sells in Rs. 105.
  So the profit =(105-95)=Rs.10
  
  The % of profit is= (10*100)/95=10.53%
  
  So the gain/loss = 10.53 %
• 12 years agoHelpfull: Yes(1) No(0)
• person cheats on purchase price is 5%=0.05 of purchase price so,0.05 deducted from 1 and cheats on sale price is 5% so, 0.05 will be added so,
  %profit is (sale price -purchase price)/cost price
  then, {(1.05-0.95)/1}*100
  =10%
• 12 years agoHelpfull: Yes(0) No(2)
• %LOSS =(r/10)2*100
  =(5/10)2*100
  =(1/2)2*100
  =0.25*100
  =25%
• 12 years agoHelpfull: Yes(0) No(3)