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NTPC Graduate Tier 1 2025 Shift-1 📅 06 May, 2025

A single equivalent discount for successive discounts of 20% and 15% on a marked price is:

A
32%
B
35%
C
30%
D
38%
Result Summary
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APEDIA

NTPC Graduate Tier 1
2025 • 06 May, 2025 • Shift-1
A single equivalent discount for successive discounts of 20% and 15% on a marked price is:
Correct Answer
32%
Setting a Baseline: To visualize the mathematical progression clearly, assume the initial Marked Price (MP) of the theoretical item is exactly 100 units.First D......
💡 Analysis & Explanation
Setting a Baseline
To visualize the mathematical progression clearly, assume the initial Marked Price (MP) of the theoretical item is exactly 100 units.
First Discount Phase
Applying the initial 20% reduction removes 20 units, bringing the intermediate selling price down to exactly 80 units.
Second Discount Phase
The subsequent 15% discount is applied purely to this new balance of 80, not the original 100. 15% of 80 is rigorously calculated as 12 units. Subtracting this leaves a final selling price of 68 units.
Net Calculation
The total absolute drop from the starting 100 baseline down to the final 68 is exactly 32 units.
Conclusion
Thus, mathematically, the single equivalent continuous discount is strictly 32%.