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The fraction is

$\frac{2}{3}$

Without loss of generality let the radius of the smaller circle equal 1.enter image description here

Since $\angle HIG=90^\circ$ and $\arcsin(\frac{1}{2})=30$, we haveenter image description here

By the cosine rule, ${HD}^2={1}^2+{2}^2-2\cdot 1\cdot 2\cdot\cos(150)=5+2\cdot \sqrt{3}$enter image description here

Now label the centre of the large circle J, and $\angle JHA=90 $. We also have $JA=JD=r$enter image description here By the pythagorean theorem $$JH^2+1^2=r^2$$

And by the cosine rule $$JH^2=JD^2+HD^2-2\cdot HD\cdot JD\cdot\cos(IDH)$$ $$JH^2=(r^2)+(5+2\sqrt{3})-2\cdot r\cdot \sqrt{5+2\sqrt{3}} \cos(IDH)$$ Combining these 2 equations, $$JH^2=r^2-1^2=(r^2)+(5+2\sqrt{3})-2\cdot r\cdot \sqrt{5+2\sqrt{3}} \cos(IDH)$$ Solving for r produces $$r=\frac{6+2\sqrt{3}}{2\sqrt{5+2\sqrt{3}}\cdot \cos(IDH)}$$ We can use the pythagorean theorem to show that $\cos(IDH)=\frac{\sqrt{4+2\sqrt{3}}}{\sqrt{5+2\sqrt{3}}}$ which now gives $$r=\frac{6+2\sqrt{3}}{2\sqrt{5+2\sqrt{3}}\cdot \frac{\sqrt{4+2\sqrt{3}}}{\sqrt{5+2\sqrt{3}}}}=\frac{6+2\sqrt{3}}{2\sqrt{4+2\sqrt{3}}}$$ Squaring both sides,

$$r^2=(\frac{6+2\sqrt{3}}{2\sqrt{4+2\sqrt{3}}})^2=\frac{48+24\sqrt{3}}{4(4+2\sqrt{3})}=3$$ $$r^2=3$$ $$r=\sqrt{3}$$

And the ratio of the areas is

$$\frac{\frac{2\cdot \pi \cdot (1^2)}{2}}{\frac{\pi \cdot (\sqrt{3})^2}{2}}=\frac{2}{3}$$

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