All ratios can be written as fractions.
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The two ratios are said to be equal when even if we multiply both terms by the same number or divided both terms , the equivalent fraction or simplest fraction is the same.
Proper fraction - A proper fraction is a fraction where the numerator (the top number) is less that the denominator (the bottom number). Proportion - An equation stating that two ratios are equivalent is called a proportion.
No, but the reverse is true. All rational numbers are ratios but not all ratios are rational. You will often come across π being defined as the RATIO of the circumference of a circle to its diameter (there are other definitions). However, the word "rational" is derived from "ratio".
Ratios are often classified using the following terms: profitability ratios (also known as operating ratios), liquidity ratios, and solvency ratios.
Ratios