Question

A corporation reported profits of approximately $400 million with approximately $9,400 million revenues. Compare the profit to revenue by writing as a fraction in lowest terms. The ratio of profits to revenue is?

Answer 1

The ratios of profits to revenue is;

`(2)/(47)`

Here, we want to write the ratio of profits to revenue

We can get this by placing the value of the profits to the revenues as a fraction

We have this as;

`\frac{400\text{ million}}{9,400\text{ million}}\text{ = }(400)/(9400)\text{ = }(4)/(94)=(2)/(47)`