Is a triangle with sides 5 feet, 10 feet, and 12 feet a right, acute or obtuse triangle?
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Answer: The overall percent loss is 28%.
Step-by-step explanation: Given that a stock loses 10% of its value on Monday and on Tuesday it loses 20% of the value it had at the end of the day on Monday.
We are to find the overall percent loss in value from the beginning of Monday to the end of Tuesday.
Let x represents the value of a stock at the beginning of Monday.
Then, the value of the stock at the end of Monday is given by
So, the value of the stock at the beginning of Tuesday is
Therefore, the value of the stock at the end of Tuesday is given by
Thus, the overall percent loss is 28%.