#### Topic Content:

- Mathematical Terms Used in Comparing Numbers
- Ratio, Rates, Fractions, Percentages, and Decimal

### Ratio, Rates, Fractions, Percentages, and Decimal:

The mathematical terms are derived from natural numbers which are frequently used in comparing numbers in economic analysis.

A **percentage** is a part of the total expressed in 100 parts. It is any proportion in relation to a whole.

Percent means parts per hundred e.g. 5% of rice means \( \frac{5}{100} \)

**Ratio** is described as the relationship between two numbers. It is the relative size of any number. e.g. A plate containing 5 carrots and 1 nut, the ratio of carrots to the nut is 5 to 1 i.e. 5 : 1.

You are viewing an excerpt of this Topic. Subscribe Now to get **Full Access** to **ALL** this Subject's Topics and Quizzes for this Term!

Click on the button **"Subscribe Now"** below for Full Access!

### Subscribe Now

**Note:** If you have **Already Subscribed** and you are seeing this message, it means you are logged out. Please **Log In** using the **Login Button Below** to **Carry on Studying!
**

## Responses