A corporation paid $5 million in federal taxes on its first $50 million of gross profits and then $30 million in federal taxes on the next $150 million in gross profits. By approximately what percent did the ratio of federal taxes to gross profits increase from the first $50 million in profits to the next $150 million in profits?  Select:  A) 6%  B) 14%  C) 20%  D) 140%  E) 43%
140%ifference in Ratios = (30/150) - (5/50) = (5/50)   % Change = (Change (5/50) / Original ratio (7/50)) *100 = 140%   Answer - 140%
<result>D</result>
A corporation paid $5 million in federal taxes on its first $50 million of gross profits and then $30 million in federal taxes on the next $150 million in gross profits. By approximately what percent did the ratio of federal taxes to gross profits increase from the first $50 million in profits to the next $150 million in profits?