Business Math Ratio and Proportion
Business Math Ratio and Proportion
Business Math Ratio and Proportion
Ratio and Proportion
Ratio
Comparing ratios
Proportion
Rate
Converting rates
Average rate of speed
Ratio
A ratio is a comparison of two numbers. We generally separate the two numbers in the
ratio with a colon (:). Suppose we want to write the ratio of 8 and 12.
We can write this as 8:12 or as a fraction 8/12, and we say the ratio is eight to twelve.
Examples:
Jeannine has a bag with 3 videocassettes, 4 marbles, 7 books, and 1 orange.
1) What is the ratio of books to marbles?
Expressed as a fraction, with the numerator equal to the first quantity and the
denominator equal to the second, the answer would be 7/4.
Two other ways of writing the ratio are 7 to 4, and 7:4.
2) What is the ratio of videocassettes to the total number of items in the bag?
There are 3 videocassettes, and 3 + 4 + 7 + 1 = 15 items total.
The answer can be expressed as 3/15, 3 to 15, or 3:15.
Comparing Ratios
To compare ratios, write them as fractions. The ratios are equal if they are equal when
written as fractions.
Example:
Are the ratios 3 to 4 and 6:8 equal?
The ratios are equal if 3/4 = 6/8.
These are equal if their cross products are equal; that is, if 3 × 8 = 4 × 6. Since both of
these products equal 24, the answer is yes, the ratios are equal.
Remember to be careful! Order matters!
A ratio of 1:7 is not the same as a ratio of 7:1.
Examples:
Are the ratios 7:1 and 4:81 equal? No!
7/1 > 1, but 4/81 < 1, so the ratios can't be equal.
Are 7:14 and 36:72 equal?
Notice that 7/14 and 36/72 are both equal to 1/2, so the two ratios are equal.
Proportion
A proportion is an equation with a ratio on each side. It is a statement that two ratios are
equal.
3/4 = 6/8 is an example of a proportion.
When one of the four numbers in a proportion is unknown, cross products may be used
to find the unknown number. This is called solving the proportion. Question marks or
letters are frequently used in place of the unknown number.
Example:
Solve for n: 1/2 = n/4.
Using cross products we see that 2 × n = 1 × 4 =4, so 2 × n = 4. Dividing both sides by
2, n = 4 ÷ 2 so that n = 2.
Rate
A rate is a ratio that expresses how long it takes to do something, such as traveling a
certain distance. To walk 3 kilometers in one hour is to walk at the rate of 3 km/h. The
fraction expressing a rate has units of distance in the numerator and units of time in the
denominator.
Problems involving rates typically involve setting two ratios equal to each other and
solving for an unknown quantity, that is, solving a proportion.
Example:
Juan runs 4 km in 30 minutes. At that rate, how far could he run in 45 minutes?
Give the unknown quantity the name n. In this case, n is the number of km Juan could
run in 45 minutes at the given rate. We know that running 4 km in 30 minutes is the
same as running n km in 45 minutes; that is, the rates are the same. So we have the
proportion
4km/30min = n km/45min, or 4/30 = n/45.
Finding the cross products and setting them equal, we get 30 × n = 4 × 45,
or 30 × n = 180. Dividing both sides by 30, we find that n = 180 ÷ 30 = 6 and the answer
is 6 km.
Converting rates
We compare rates just as we compare ratios, by cross multiplying. When comparing
rates, always check to see which units of measurement are being used. For instance, 3
kilometers per hour is very different from 3 meters per hour!
3 kilometers/hour = 3 kilometers/hour × 1000 meters/1 kilometer = 3000 meters/hour
because 1 kilometer equals 1000 meters; we "cancel" the kilometers in converting to the
units of meters.
Important:
One of the most useful tips in solving any math or science problem is to always write out
the units when multiplying, dividing, or converting from one unit to another.
Example:
If Juan runs 4 km in 30 minutes, how many hours will it take him to run 1 km?
Be careful not to confuse the units of measurement. While Juan's rate of speed is given
in terms of minutes, the question is posed in terms of hours. Only one of these units
may be used in setting up a proportion. To convert to hours, multiply
4 km/30 minutes × 60 minutes/1 hour = 8 km/1 hour
Now, let n be the number of hours it takes Juan to run 1 km. Then running 8 km in 1
hour is the same as running 1 km in n hours. Solving the proportion,
8 km/1 hour = 1 km/n hours, we have 8 × n = 1, so n = 1/8.