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Ratio and Rate
Ratio and Rate
and
Rate
INSPIRED
BY
Ratio
Rate
Activity
Lesson
Outline
How many hours do you
spend browsing social
media in a day?
Learning
Outcomes:
By the end of this lesson, you'll be able to:
Example:
7:21
Initial number of 11-Amethyst
before is 7 boys and 21 girls.
7 : 21
Different
Types of
Ratios
We can express ratios in
different forms.
7
7 : 21 7 : 28 21
3 : 8
part part
Part to
Whole
Ratio
Comparing one part to There are 3 volleyballs There are 8 basketballs
the whole or the total and 11 balls in total. and 11 balls in total.
quantity.
3 : 11 8 : 11
Checkpoint Task
Write the following ratios in their simplest forms:
2. A company’s accounting manager is reviewing the budget for next year and calculating some
ratios. He wanted to know the firm’s ability to pay its short-term debt (loan or financial obligation
that is due within one year) by determining its curent ratio or working capital ratio (also known as
banker’s ratio). Current ratio is one of the ratios computed in the financial statement analysis. It is
calculated by dividing the current assets (cash and other assets that can be readily converted into
cash within one year) by the current liabilities (debts or financial obligations due within one year).
Hence, current ratio reflects the abilit of a firm to pay its current liabilities with its current assets.
What is the firm’s current ratio if it has assets of ₱ 1 550 000 and current liabilities of ₱ 1 240 000?
Will the company have the ability to pay its short-term debt?
3. You and your business associate are planning to offer your stretch slim fit tapered jeans on sale
at ₱990. The original price of the jeans was ₱1 260. The cost of the jeans is 70% of the original
price. Your business associate is interested in determining the ratio of the sale price to the
original price before implementing your plan. What is the ratio of the sale price to the original
price in decimal and in percent? Would this be a good marketing plan?
RATE
Rate is a special ratio of two numbers with different units of
measurement such as kilometers per hour, words per minute,
or price per kilogram.
Examples:
Smart shoppers would be interested in the unit rate or unit price of the product, its
quality, and other factors to make better buying decisions.
Health workers regularly check on the heart rate or pulse rate to monitor the
improvement in the health condition of their parents.
A job applicant would like to know his rate – how much he will be receiving per hour or
per day or per month – before accepting a job offer.
More examples:
1. The College of Business Administration has 35 faculty members
that handle 1 260 students. What is the unit rate or the number of
students per faculty member?
ITEM PRICE
Pencil ₱84.75/box (1 dozen)
Bond paper ₱249.75/ream (500 sheets)
Parchment paper ₱19.00/pack (10 pieces)
Permanent marker ₱135.00/pack (4 pieces + 1 free)
Plastic envelope ₱166.50/pack (6 pieces)