Question

A corporation reported profits of approximately $500 million with approximately $18,600 million revenues. Compare the profit to revenue by writing as a fraction in lowest terms. The ratio of profits to revenues is? (Type an integer or a simplified fraction.)

a. 25/930
b. 10/465
c. 50/1860
d. 5/186

Answer 1

The ratio of profit to revenue is 5/186.

Step-by-step explanation:

To compare the profit to revenue, we can express the ratio of profit to revenue as a fraction. The profit is given as approximately $500 million, and the revenue is given as approximately $18,600 million. To write this as a fraction in lowest terms, we divide both the profit and revenue by their greatest common divisor, which is 1000.

This gives us a ratio of 500/18600. Simplifying this fraction further, we can divide both the numerator and denominator by 100 to get the final ratio of 5/186.

The correct answer is 5/186.