Basics of Ratio and proportion- powerpoint presentation

It includes the base of ratio

1. Understanding Ratios in Mathematics A Key Concept in Business and Finance Presented by: [Your Name]

2. Introduction to Ratios What is a Ratio? A ratio is a relationship between two numbers showing how many times the first number contains the second. Importance in Business: Ratios are fundamental in financial analysis, market research, and decision-making processes.

3. Real-Life Applications of Ratios Examples of Ratios in Business: Financial Ratios: Profit Margin, Debt-to-Equity Ratio Marketing: Market Share Ratios Operations: Inventory Turnover Ratio

4. Ratio Notations Different Forms of Ratios: Colon Notation: 3:2 Fraction Notation: 3/2 Decimal Notation: 1.5

5. Simplifying Ratios Step-by-Step Process to Simplify Ratios: 1. Find the greatest common divisor (GCD). 2. Divide both numbers by the GCD. Example: Simplify the ratio 8:12 to 2:3.

6. Ratio vs. Proportion Ratio: A comparison of two quantities. Proportion: An equation stating that two ratios are equal.

7. Practical Business Example Scenario: Analyzing a company's profit margin. Given revenue and cost data, calculate the profit margin ratio. Walkthrough of the calculation.

8. Financial Ratios Key Ratios to Know: Liquidity Ratios (e.g., Current Ratio) Profitability Ratios (e.g., Return on Assets) Leverage Ratios (e.g., Debt-to-Equity)

9. Common Mistakes Pitfalls to Avoid: Misinterpreting ratios. Not simplifying ratios. Ignoring the context.

10. Interactive Quiz Questions: 1. What is a ratio? 2. How do you simplify a ratio? 3. Give an example of a financial ratio.

11. Summary Key Takeaways: Importance of ratios in business. How to calculate and simplify ratios. Application of ratios in real-life business scenarios.

12. Questions & Answers Any Questions?