A dealer marks his goods at 30% above the cost price. Then he allows 35% discount on it. What would be his loss percentage?

15.5%

Let the cost price of the article = 100

Markup = 30%

Then the marked price of the article = 130

Now the discount = 35%

So the selling price of the article = 130 × \(\frac{65}{100}\) = 84.5

Loss = 100 - 84.5 = 15.5

Loss% = 15.5 × \(\frac{100}{100}\) = 15.5%