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

A dealer marks his goods at 30% above the cost price. Then he allows 3

1.	A dealer marks his goods at 30% above the cost price. Then he allows 35% discount on it. What would be his loss percentage?
A.	15.5%
B.	16.5%
C.	17.5%
D.	18.5%
Answer» B. 16.5%

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

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