A pharmaceutical company received $3 million in royalties on the first $20 million in sales of and then $9 million in royalties on the next $108 million in sales. By approximately what percentage did the ratio of royalties to sales decrease from the first $20 million in sales to the next $104 million in sales?	Choose one
A) 8%
B) 15%
C) 45%
D) 42%
E) 56%
(9/104)/(3/20) = 30/54 = 57,6% it means that 9/108 represents only 57,6%. Therefore a decrease of 42%.   Answer 42%
<result>D</result>
A pharmaceutical company received $3 million in royalties on the first $20 million in sales of and then $9 million in royalties on the next $108 million in sales. By approximately what percentage did the ratio of royalties to sales decrease from the first $20 million in sales to the next $104 million in sales?