No, 16 ounces = one pound
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There are 16 ounces in 1 pound, so 12 ounces is 3/4 of a pound, or 75%
No.
Since 16 ounces are equal to a pound, then yes, 20 ounces is greater than a pound (16 ounces).
2 pounds or 32 ounces
1 pound is equal to 16 ounces. Therefore, 2 ounces is equal to 2/16 of a pound, which can be reduced to 1/8 of a pound. So the answer is 3 1/8 pounds.