A corporation paid $7 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 answers
A) 6% B) 14% C) 20% D) 23% E) 43%
Initial ratio of federal taxes to gross profits : 7/50= 
<gadget id="calculator">7/50</gadget>
<output>7/50 = around 0.14</output>
0.14   Final ratio :   30/150= 
<gadget id="calculator">  30/150</gadget>
<output>1/5 = around 0.2</output>
0.2   Thus, the percentage change : (0.2-0.14)/0.14*100= 6/14*100 = 3/7*100 = Just less than 50 % .   ANSW43%R:43%
<result>E</result>
A corporation paid $7 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?