Find the HCF of all three numbers and divide each term by it.

• HCF of 120, 24, and 72 is 24.
• 120 ÷ 24 = 5
• 24 ÷ 24 = 1
• 72 ÷ 24 = 3
• Simplest form: 5:1:3

Final Answer: 5:1:3