3/16 of a pound
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1 pound is 1/2240 of an Imperial ton.
I suppose you're asking what fraction of a pound is four ounces. Since there are, as you say, 16 ounces to the pound, four ounces is 4/16 pound. Since 4/16 = 1/4, four ounces is a quarter of a pound.
Divide by 16 (the number of ounces in a pound) equals One pound (avdp).
There are 50 pounds in 800 ounces. 1 pound equals 16 ounces. 800 ÷ 16 = 50.
Since there are 16 ounces in a pound, 24 ounces equals 1 lb 8 oz