>>77953709Let's say 1000 is the initial amount (100%), the first loss is 40% so that makes 1000 - 400 = 600 left over.
Now the second loss after that is 22%.
22% of 60 is 132
So 600 - 132 equals 468
So from your starting 1000, you lost and got to 600, and lost again and got to 468.
Up to you to make your own conclusions.