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1. Ratio:
 
The ratio of two quantities a and b in the same units, is the fraction
a
b
 and we write  
  it as a : b.
  In the ratio a : b, we call a as the first term or antecedent and b, the second term or consequent.
 
Eg. The ratio 5 : 9 represents
5
9
 with antecedent = 5, consequent = 9.    
  Rule: The multiplication or division of each term of a ratio by the same non-zero number does not affect the ratio.
  Eg. 4 : 5 = 8 : 10 = 12 : 15. Also, 4 : 6 = 2 : 3
2. Proportion:
  The equality of two ratios is called proportion.
  If a : b = c : d, we write a : b :: c : d and we say that a, b, c, d are in proportion.
  Here a and d are called extremes, while b and c are called mean terms.
  Product of means = Product of extremes.
 
Thus, a : b :: c : d     (b x c) = (a x d).    
3. Fourth Proportional:
  If a : b = c : d, then d is called the fourth proportional to a, b, c.
  Third Proportional:
  a : b = c : d, then c is called the third proportion to a and b.
  Mean Proportional:
 
Mean proportional between a and b is ab    
4. Comparison of Ratios:
 
We say that (a : b) > (c : d)
 
 
a
b
>
c
d
   
  Compounded Ratio:
  The compounded ratio of the ratios: (a : b), (c : d), (e : f) is (ace : bdf).
5. Duplicate Ratios:
  Duplicate ratio of (a : b) is (a2 : b2).
 
Sub-duplicate ratio of (a : b) is ( a : b )  
  Triplicate ratio of (a : b) is (a3 : b3).
  Sub-triplicate ratio of (a : b) is (a1/3 : b1/3).
 
If
a
b
=
c
d
, then
a + b
a - b
=
c + d
c - d
. [componendo and dividendo]  
   
6. Variations:
 
We say that x is directly proportional to y, if x = ky for some constant k and we write, x
  y.  
 
We say that x is inversely proportional to y, if xy = k for some constant k and we write, x
 
1
y