Review of Introductory Mathematics PERCENTAGESRatioTwo numbers may be compared by expressing the relative size as the quotient of one numberdivided by the other and is called a ratio. Ratios are simplified fractions written with a colon(:) instead of a division bar or slash.Example:One day Eric paid 0 for a stereo and Scott paid 0 for the same stereo. Comparethe amount that Eric paid to the amount that Scott paid, using ratios.Solution:Step 1: Divide the numbers to be compared. In this example the amount paid byScott is being compared to the amount paid by Eric. The amount paid byEric is divided by the amount paid by Scott = .700600Step 2: Simplifying this expression, both 700 and 600 can be divided by 100.Step 3: Expressing this fraction as a ratio:or Eric’s price : Scott’s price = 7:6Eric s priceScott s price76Example:If one yard equals three feet, what is the ratio of yards to feet?Solution:Step 1: 1 yd./ 3 ft.Step 2: is already in simplest terms13Step 3: or yards : feet = 1:3yardsfeet13Rev. 0 Page 59 MA-01