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→Example of a ratio
*A wage rate of $10 ''per'' hour is expressed as 10:1.
*A wage rate of $10 ''per'' hour is expressed as 10:1.
*If [[gold]] sells for $1500 per ounce, and [[silver]] sells for $25 per ounce, it costs approximately 60 ounces of silver to purchase one ounce of gold, or a ration of 60:1.
[[Category:Mathematics]]
[[Category:Mathematics]]