Ratio sharing amounts
Ratio sharing amounts
Basic Principles of Ratio Sharing
- Ratio sharing is the process of dividing a certain quantity into parts using a specified ratio.
- Foundation ratios, like 3:2, mean the total quantity is divided into 3 parts and 2 parts. So, the total is 5 parts.
- Ratios are an expression of proportional division, meaning the total quantity is divided according to the specific proportion dictated by the ratio.
Sharing a Quantity in a Given Ratio
- The first step in sharing a quantity in a given ratio is to find the total number of parts in the ratio by adding the numbers in the ratio.
- The next step is to divide the total quantity by the total number of parts calculated in the first step. This will give you the value of one part.
- Finally, multiply the value of one part by the numbers in the original ratio to find the values of each part of the ratio.
Example of Ratio Sharing
- If you want to share £48 in the ratio 3:5, first, add 3+5 to get 8 total parts.
- Then, divide £48 by 8, resulting in £6 per part.
- Multiply this by the numbers in the original ratio, giving shares of £18 (3 parts) and £30 (5 parts).
Expressing a Ratio-Based Distribution
- After dividing a quantity into a given ratio, you can express the result as a distribution.
- The distribution of a ratio-based division should reflect the original ratio, and the total of the distribution should equal the original quantity.
- For example, if £48 is shared in a 3:5 ratio, the distribution will be £18 and £30. Adding these together returns the original quantity of £48.
Applications of Ratio Sharing
- Ratio sharing has various practical applications including splitting costs, dividing profits, or sharing resources.
- An understanding of ratio sharing is necessary when dealing with financial situations, communal resources, and even cooking recipes.
- It also comes in handy when doing tasks that involve splitting up work or dividing winnings in a fair or predetermined manner according to a set ratio.