A rate is a ratio that compares two quantities measured in different units. It is a special type of ratio because it involves units. Rates are used in everyday life to describe how one quantity changes in relation to another quantity.
To calculate the rate of a change, you divide the change in one quantity by the corresponding change in another quantity. The formula for rate is:
Rate = Change in quantity 1 / Change in quantity 2
If you travel 300 miles in 5 hours, the rate at which you are traveling is:
Rate = 300 miles / 5 hours = 60 miles per hour
When expressing a rate, it is important to include the units. In the previous example, the rate is 60 miles per hour, where "miles" is the unit of distance and "hours" is the unit of time.