Question

A small company’s net income for the first six months of the year was 76,500 and for the last six months it was 100,000. What is the ratio of the first six months of the year to the last six months of the year in simplest form

Answer 1

The ratio of the income of the first six months of the year to the last six months of the year will be given by:
(First 6 months income)/(last 6 months income)
=76500/100000
=765/1000
simplifying the above further we get
=153/200=0.765