Think of a ball. In different countries, it might be called a bola, a palla or a balle but it's still a ball. Fractions, decimals, percents and ratios are different ways to express relationships between numbers. If there are two things and you have one of them, it could be said that you have 1/2 of the objects, or 0.5 of them or 50 percent of them or 1:2 of them but there are still two objects and you have one of them.
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-- All proper fractions are not equal to 4.12 , -- Of the infinite supply of improper fractions, all of them are not equal to 4.12 except only 103/25 and other ratios of (a multiple of 103)/(the same multiple of 25).
Yes. In fact, fractions can be thought of as vertical ratios.
Fractions are ratios. Equivalent fractions form a proportion.
NO
No but the equal ratios are called Equivalent Ratios.