Problem Solving (PS) | Re: A pharmaceutical company received $3 million in royalties on

For $20 million sales royalties $3 million. So for $100 million sales royalty = $15 million.
For $108 million sales royalty $9 million. So for $100 million sales royalty =$12.8 million.
Percent change = (15-12.8)/15*100 = 44.46%=45%
Answer is 45%

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