An investor bought 200 shares of stock in ABCD company in 1990. By 1992, the investment was worth only 2/3 of its original value. By 1995, the 200 shares were worth only 1/3 of their value in 1990. By what percent did the value of the investment drop from 1992 to 1995? Choose the most appropriate option
A) 16 2/3%	B) 25%	C) 33 1/3%	D) 50%	E) 66 2/3%
Let price of each share in 1990 = X.   Total cost in 1990 = 200X   Now Price in 1992 = 2/3 * 200X = 400/3 * X   Now price in 1995 = 1/3 *200X= 200/3X   %Change in 1995 from 1992 = [(400/3* X -200/3X) / (400/3 *X) ] *100 = 50%   Answer 50%
<result>D</result>
An investor bought 200 shares of stock in ABCD company in 1990. By 1992, the investment was worth only 2/3 of its original value. By 1995, the 200 shares were worth only 1/3 of their value in 1990. By what percent did the value of the investment drop from 1992 to 1995?