Answer with explanation:
3:1 means that person 1's income is three times person 2's income.
E.g.: if person 1 gets 150 per hour, person 2 gets 30 per hour.
1:3 means that person 1's income is one third of person 2's income.
E.g.: if person 1 gets 40 per hour, person 2 gets 120 per hour.