Bank Exams Exam > Bank Exams Videos > Crash Course for Banking Exams > Ratio & Proportions - 2
Ratio & Proportions - 2 Video Lecture | Crash Course for Banking Exams - Bank Exams
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521 videos|355 docs|26 tests
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FAQs on Ratio & Proportions - 2 Video Lecture - Crash Course for Banking Exams - Bank Exams
| 1. What is the difference between a ratio and a proportion? |  |
Ans. A ratio compares two quantities, while a proportion states that two ratios are equal.
| 2. How do you simplify ratios? | |
Ans. To simplify ratios, divide both parts of the ratio by their greatest common factor.
| 3. Can ratios and proportions be used in real-life situations? | |
Ans. Yes, ratios and proportions are commonly used in everyday situations such as cooking recipes, financial calculations, and scaling drawings.
| 4. How can ratios be used in business and economics? | |
Ans. Ratios are used in business and economics to analyze financial statements, assess profitability, and make comparisons between companies.
| 5. What are some common mistakes to avoid when solving proportions? | |
Ans. Common mistakes to avoid when solving proportions include cross-multiplying incorrectly, forgetting to simplify the final answer, and incorrectly setting up the proportion equation.
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Dec 26, 2024 Last updated |
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