Oh honey, that's just 1/4. Divide the top and bottom by 250 and you get the simplest form faster than you can say "math is hard."
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23/250
308/1000 = 77/250.
Well, darling, the ratio fraction of 250 over 1000 is 1/4. It's as simple as reducing that fraction down to its simplest form. So, there you have it, 1/4 is the sassy answer you were looking for.
It is 1/250 when reduced to the simplest form.
9 1/4