Ratios are used in many aspects of our everyday lives. They tell us that two variables are proportional to each other, and are used in cooking, gambling, currency exchange and more. For this reason, it is important to make sure students have a thorough understanding of this topic by using worksheets on ratios.
It is highly likely that you will be using and calculating ratios in your everyday life without even realising it. When following a recipe, the ingredients will all be proportional to each other. So if you are baking a cake the recipe advises using 100g of butter and 300g of flour, the ratio between those two ingredients is 1:3. Knowing this ratio, you can easily scale the amounts of ingredients up or down to adapt to the quantity of cake required, ensuring that the end product will still be the same quality and consistency.
In scientific disciplines, particularly chemistry, ratios are extremely important. Different substances can react in different ways depending on the ratio of one to another, so it could potentially pose a safety risk if researchers did not use proper ratios. If there is too much of one substance in a mixture, toxic gases could be released, so they must understand how ratios work and measure carefully according to this proportion
Financial ratios offer entrepreneurs a way to evaluate their company's performance and compare it other similar businesses in their industry. Ratios measure the relationship between two or more components of financial statements. They are used most effectively when results over several periods are compared. For more info go to this service which will help you to get the best suggestion for your problems.