Check the DELETE CROPPED AREAS OF THE PICTURES and them click on the drop-down menu.
Because most PowerPoint presentations are delivered on a computer screen or projector, the ON-SCREEN option will reduce the file size while retaining visual clarity. If you anticipate printing your presentation at some point in the future, then keep a copy for print media and make a copy the On-Screen presentations.
There is no specific ratio to represent the compress of a file. This example compares the original file with the compressed file. It is a significant reduction of more than half.