To calculate the perimeters of the smaller and larger squares, we can use the formula for the perimeter of a square, which is given by:
\[ \text{Perimeter} = 4 \times \text{side length} \]
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Perimeter of the smaller square:
- Side length = 3 cm
- Perimeter = \( 4 \times 3 = 12 \) cm
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Perimeter of the larger square:
- Side length = 24 cm
- Perimeter = \( 4 \times 24 = 96 \) cm
Next, we need to compare the perimeters of the two squares and calculate the ratio of the perimeter of the smaller square to the perimeter of the larger square.
- Ratio of the perimeters: \[ \text{Ratio} = \frac{\text{Perimeter of smaller square}}{\text{Perimeter of larger square}} = \frac{12}{96} \]
To simplify the ratio, we divide both the numerator and denominator by 12:
\[ \frac{12}{96} = \frac{1}{8} \]
Therefore, the ratio of the perimeter of the smaller square to the perimeter of the larger square is:
\[ \boxed{\frac{1}{8}} \]