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A stock loses 10% of its value on Monday. On Tuesday it loses 20% of the value it had at the end of the day on Monday. On Wednesday it loses 30% of the value it had at the end of the day on Tuesday. What is the overall percent loss in value from the beginning of Monday to the end of Wednesday?

 Dec 31, 2021
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The overall percentage loss==[1 - (0.90 x 0.80 x 0.70) ]==1 - 0.504 ==0.496 x 100==49.6%

 Dec 31, 2021

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