A corporation paid $9 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) 23%  E) 14%
Difference in Ratios = (30/150) - (9/50) = (1/50)   % Change = (Change (1/50) / Original ratio (7/50)) *100 = 14%   Answer - 14%
<result>E</result>
A corporation paid $9 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?