What does it mean when the ratio of person 1's income to person 2's incomes is 1 to 3 or 3 to 1? Explain.

Answer with explanation:

3:1 means that person 1's income is three times person 2's income.

E. g.: if person 1 gets 150 per hour, person 2 gets 30 per hour.

1:3 means that person 1's income is one third of person 2's income.

E. g.: if person 1 gets 40 per hour, person 2 gets 120 per hour.