I like the way you think! In my opinion, a ratio and a fraction are in fact different things, even though they have some aspects in common.
In physics, numbers usually represent a quantity of "something", e.g. meters, kilograms, seconds, coulombs, etc. So a "ratio" is a relationship between quantities of two different things. But curiously, often the ratio, or it's inverse the product, are constant. For example: F = m a, or a = F / m. So to achieve the same acceleration, if you double the mass, you must also double the force (same ratio). Alternatively, given a certain force, if you double the mass, you will halve the acceleration (same product).
If the two "things" in a ratio are the same, e.g. length and width are both distances, the "units" cancel out and we are left with a "pure" number.
Whether a number is a "fraction" or a "whole number" depends on the measurement scale, or the base of the number system used. So, for example, 3 (whole) inches is 1/4 (or 0.25) feet. So "fraction", understood as "part of a whole," is actually more a property of the number "system" than of the quantity itself!
So, you can think of a "ratio" as a "pure number" coefficient of a relationship between "units" of kinds (or sizes) of quantities, e.g. 30 "miles per hour" = 1/2 "hours per mile", that is, 1 hour per 2 miles, or 1/2 hour per 1 mile
Representing the "ratio" as a "fraction" is just a short-hand notation giving the same "pure number" coefficient result.
BTW, the same "puzzle" your fraction question represents also applies to products.
Here's a puzzle I would give my students:
What is 2 apples times 3 oranges?
Answer: 6 "pears" (pairs)!
As for expressing 2:3:5 as a single "fraction", of course we cannot do that, as a "fraction" has only two terms and your example has three. We could, of course, invent three-term entities and define arithmetic for them, but for what application would that be worth the trouble?
One example that comes to mind is music, where notes in "Just Intonation" have "harmonic" ratios 1:2:3:4:5:6...
So a just major tonic chord has note frequency ratios 4:5:6.
Suppose you have a chord with notes do mi so = 240:300:360
The "dominant" chord would have frequencies 3:2 or 3/2 times that:
so ti re = (3/2)*240:(3/2)*300:(3/2)*360 = 360:450:540.
and the sub-dominant chord would have frequencies 2:3 or 2/3 times that:
fa la do = (2/3)*240:(2/3)*300:(2/3)*360 = 160:200:240.
(BTW, I think it makes more sense to say the scale is defined by the principal chords than to try to define the chords by positions on the "scale", but that's another whole subject.)
Keep asking these kinds of questions! Sometimes our "shortcuts" obscure important things.