Mathematical Ratios

Like percentages, RATIOS are also used to express the proportionate sizes of items in relation to others. They are usually denoted by the symbol (:) to show the relationship of one item to the other in terms of size, etc.
The following examples will help to demonstrate how to sole ratio questions.
Question 1
A man shares a sum of $24,000 for his three kids in the ratio 2:1:3
Calculate how much each gets.
Solution
Given that sharing ratio    = 2:1:3
Total ratio                    = 2+1+3 = 6
The first gets (2/6) of the sum, the second gets (1/6) of the sum and he first gets (3/6) of the sum
Thus, their respective shares are
First             (2/6) * $24,000 = $8,000
Second     (1/6) * $24,000 =   $4,000
Third           (3/6) * $24,000 =  $12,000

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