A pharmaceutical company received $5 million in royalties on the first $40 million in sales of and then $9 million in royalties on the next $210million in sales. By approximately what percentage did the ratio of royalties to sales decrease from the first $40 million in sales to the next $210 million in sales?
Pick
A) 8%
B) 15%
C) 45%
D) 52%
E) 66%
(9/210)/(5/40) = 12/35 = 34% it means that 9/210 represents only 34%. Therefore a decrease of 66%.   Answer 66%
<result>E</result>
A pharmaceutical company received $5 million in royalties on the first $40 million in sales of and then $9 million in royalties on the next $210million in sales. By approximately what percentage did the ratio of royalties to sales decrease from the first $40 million in sales to the next $210 million in sales?