Give stream of consciousness and then the final answer. A pharmaceutical company received $3 million in royalties on the first $30 million in sales of and then $9 million in royalties on the next $120 million in sales. By approximately what percentage did the ratio of royalties to sales decrease from the first $30 million in sales to the next $120 million in sales?\nOptions:\n(A) 8%\n(B) 15%\n(C) 25%\n(D) 52%\n(E) 56%
User
(9/120)/(3/30) = 3/4 = 75% it means that 9/120 represents only 75%. Therefore a decrease of 25%.
The final answer: (C).
Assistant