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 2/5 of their value in 1990. By what percent did the value of the investment drop from 1992 to 1995? Select the correct option
A) 16 2/3%	B) 25%	C) 40%	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 = 2/5 *200= 
<gadget id="calculator">2/5 *200</gadget>
<output>80</output>
80X   %40%hange in 1995 from 1992= [(400/3* X -80X) / (400/3 *X) ] *100 = 40%   Answer 40%
<result>C</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 2/5 of their value in 1990. By what percent did the value of the investment drop from 1992 to 1995?