Let x be the volume of the stock.
On Monday 20% was sold: x*20%/100%=0.2x, rest: x-0.2x=0.8x;
On Tuesday, 20% of the rest was sold: 0.8x*0.2=0.16x, rest: 0.8x-0.16x=0.64x
On Wednesday 20% of the rest was sold: 0.64x*0.2=0.128x, rest: 0.64x-0.128x=0.512x
So, the rest part is 51.2% and it is more than 50% of the original stock.
Comments
Leave a comment