Question

The cost of a unit is made up of $6.25 material cost, $4.75 labour cost, and $3.25 overhead. What is the ratio that exists between the three elements of cost?

Answer 1

Answer:

The ratio that exist between this three elements are 25 : 19 : 13.

Step-by-step explanation:

Ratio compares one thing to another. Ratios indicate the comparison of the size of a number to another . One trick about ratio is that you can multiply or divide the ratios by same number. For example the ratio of boy to girls can be represented as 3 : 4. If you multiply the ratios by 2 you will get the ratio 6 : 8 and it still represent the same ratios of boys to girls. Ratios can be written as a fraction for example 3/4 for our example.

The cost of the unit is made up of $6.25 , $4.75 and $3.25.

$6.25  $4.75  $3.25 . Let us multiply by 100 to remove the decimals.

625 : 475 : 325 . Now let simplify the ratios by dividing through by 25.

625/25 : 475/25 : 325/25 . The simplest ratios can be written as follows

The ratios are 25 : 19 : 13.