The recipe requires 1/3 cup of milk and 1/4 cup of water. The ratio of milk and water should not change even when the volumes of milk and water change.
For every 1/3 cup of milk, you need 1/4 cup of water.
For every 1 cup of milk, you need 1/4 × 3 = 3/4 cup of water.
{The ratio of milk and water does not change, when 1/3 cup of milk is multiplied by 3 to get 1 cup of milk, the 1/4 cup of water has to be multiplied by 3 as well in order to attain the same ratio}
Hope this helps! :)