Question

A small company's net income for the first six months of the years was $76,500 and for the last six months it was $100,000. What is the ratio of the first six months of the year to the year to the last six months of the year in simplest form

Answer 1

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Answer 2

Net income for the first six months of the years = $76,500

Net income for the first six months of the years = $100,000

Ratio of the first six months of the year to the year to the last six months of the year = $\frac{76,500}{100,000}$

To write the above fraction in the lowest form, find the greatest common factor of 76,500 and 100,000 which is 500. Now divide numerator and the denominator by 500.

$\frac{76,500}{100,000}$ = $\frac{76,500\div 500}{100,000\div 500}$

= $\frac{153}{200}$

Ratio of the first six months of the year to the year to the last six months of the year in simplest form = $\frac{153}{200}$