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There are 16 ounces in 1 pound, so 12 ounces is 3/4 of a pound, or 75%
16 ounces are equivalent to one pound.
1/4 pound.
A pound contains 16 ounces, so 48 ounces divided by 16 ounces in a pound = 3 pounds
2 ounces is 1/8 of a pound or .125 pounds. There are 16 ounces in 1 pound.