A ratio is a comparison of 2 like quantities. Ratios need to be in simplest form and they can be written 3 different ways.
Example:
This ratio can be written as 1:3, 1 to 3, or as a fraction 1/3.
A rate is a ratio that compares quantities of different units.
A unit rate is a comparison of a quantity to 1.
Example:
Unit rates become very important when doing price comparison. We always want to get the best buy.
Example:
Which flash drive is the best buy?
5.99/8 = $0.75 per GB 24.95/64 = $0.39
The 64 GB hard drive, according to price, is the better flash drive.
A proportion states that two ratios that are equal to each other. To solve a proportion you find the cross products and solve for the missing variable by dividing.
Example:
Images from Google.