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To express the ratio in simplest form, we need to convert both values to the same unit.

₹5.60 can be converted to paise by multiplying it by 100, since there are 100 paise in 1 rupee.

So, ₹5.60 = 5.60 x 100 = 560 paise.

Now we can express the ratio as:

560 paise : 800 paise

To simplify the ratio, we can divide both values by their greatest common divisor, which is 40.

560 paise ÷ 40 = 14 800 paise ÷ 40 = 20

So, the simplified ratio is:

14 : 20

This can be further simplified by dividing both values by 2:

14 ÷ 2 = 7 20 ÷ 2 = 10

So, the simplest form of the ratio is:

7 : 10