\( 1 \leftarrow \quad \) Write this ratio as a fraction in lowest terms. \( \$ 30 \) to \( \$ 60 \) \( \$ 30 \) to \( \$ 60 \) is \( \square \)

To express the ratio of \$30 to \$60 as a fraction, you can write it as \( \frac{30}{60} \). To reduce it to lowest terms, divide both the numerator and the denominator by their greatest common divisor, which is 30. This gives you \( \frac{1}{2} \). So, \$30 to \$60 is \( \frac{1}{2} \) when simplified. Ratios and fractions are not just mathematical concepts; they show up everywhere in life! For example, if you're making a recipe that serves four people but you only need to serve two, understanding ratios is key to resizing your ingredients. If the recipe calls for 2 cups of flour, you'll need just 1 cup for your smaller version! So, next time you’re cooking or planning an event, think about how ratios help to simplify things smoothly!