A company received $2 million in royalties on the first $10 million in sales and then $8 million in royalties on the next $100 million in sales. By what percent did the ratio of royalties to sales decrease from the first $10 million in sales to the next $100 million in sales? Choose the correct choice from the following choices
A) 30%	B) 40%	C) 50%	D) 60%	E) 70%
First find out (ratio of royalties to sales):   2:10 First   0.2   8:100 Second   0.08   Decrease = 0.2-0.08= 
<gadget id="calculator">0.2-0.08</gadget>
<output>0.12</output>
0.12   Percent= (0.12/0.20) = 60%.   ANSWER:60%
<result>D</result>
A company received $2 million in royalties on the first $10 million in sales and then $8 million in royalties on the next $100 million in sales. By what percent did the ratio of royalties to sales decrease from the first $10 million in sales to the next $100 million in sales?