we know that
[tex] 1pound [/tex] -------> is equal to ------> [tex] 16 ounces [/tex]
So
By proportion
[tex] \frac{1}{16}\frac{pound}{ounces} =\frac{x}{1}\frac{pounds}{ounce} \\ \\ x=\frac{1}{16} pounds [/tex]
therefore
the answer is
one ounce is equal to [tex] \frac{1}{16} [/tex] [tex] pounds [/tex]