A corporation paid $10 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?  Choose the correct choice from the following:
A) 0% B) 14% C) 20% D) 23% E) 43%
Difference in Ratios = (30/150) - (10/50)= 
<gadget id="calculator">(30/150) - (10/50)</gadget>
<output>0</output>
0   % Change= 0%   0%nswer - 0%
<result>A</result>
A corporation paid $10 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?