05_ratio_proportion_mixtures.md

Ratio, Proportion & Mixtures

Section A ยท Futures First International โ€” Market Trading Intern OA


๐Ÿ“Œ What Has Been Asked (OA & Rounds)

FormatTypical Question Style
OA (MCQ)"Two quantities are mixed in ratio 3:2. If price of first is โ‚น40/kg and second is โ‚น60/kg, find avg price per kg."
OA"A:B = 3:4, B:C = 5:7. Find A:B:C."
OA"In what ratio should water be mixed with milk worth โ‚น60/L to make it worth โ‚น45/L?"
OA"A mixture has milk and water in 7:3. If 10L water is added, ratio becomes 7:5. Find original quantity."
Buzzer"If 2:3 = 4:x, find x" โ†’ 6, instant
Interview"A trader blends two commodities..." โ€” tests proportional thinking

๐Ÿง  Core Concepts

1. Ratio Basics

a:b = ka:kb (ratios can be scaled) a:b and b:c โ†’ a:b:c (make b common, then merge)

Combining two ratios:

  • A:B = 3:4, B:C = 5:7
  • Make B common: A:B = 15:20, B:C = 20:28
  • A:B:C = 15:20:28

2. Proportion

a:b = c:d (or a/b = c/d) Componendo: (a+b)/b = (c+d)/d Dividendo: (aโˆ’b)/b = (cโˆ’d)/d Componendo-Dividendo: (a+b)/(aโˆ’b) = (c+d)/(cโˆ’d)

3. Alligation / Mixture Rule (CRITICAL for FF)

When mixing two things at different prices/concentrations to get a mixture:

Cheaper โ”€โ”€โ”€โ”€โ”€โ”€ Mean โ”€โ”€โ”€โ”€โ”€โ”€ Dearer c m d Ratio of Cheaper : Dearer = (d โˆ’ m) : (m โˆ’ c)

Visual:

c d \ / \ / m (d-m) : (m-c)

4. Replacement Formula

If a container has V litres of pure liquid, and x litres are replaced with water each time, after n replacements:

Pure liquid remaining = V ร— (1 โˆ’ x/V)^n

โšก Speed Tricks for Futures First

Trick 1: Alligation Cross (covers 80% of mixture questions)

"Mix โ‚น40/kg and โ‚น60/kg to get โ‚น45/kg"

40 โ”€โ”€โ”€ 45 โ”€โ”€โ”€ 60 | | 60-45 45-40 = 15 : 5 = 3 : 1

โ†’ Mix cheaper:dearer = 3:1

Trick 2: "Total quantity from ratio change"

"Milk:Water = 7:3 in 100L. How much water to add so ratio becomes 7:5?"

  • Milk = 70L (doesn't change). New ratio: Milk:Total water = 7:5
  • 70/new_water = 7/5 โ†’ new_water = 50. Originally 30L water โ†’ add 20L

Trick 3: Quick ratio merging

A:B = 2:3, B:C = 4:5

  • LCM of B values (3 and 4) = 12
  • A:B = 8:12, B:C = 12:15
  • A:B:C = 8:12:15

Trick 4: "Partnership profit division"

If A invests โ‚นx for tโ‚ months and B invests โ‚นy for tโ‚‚ months:

A's share : B's share = xร—tโ‚ : yร—tโ‚‚

Trick 5: Successive dilution shortcut

20L milk, 4L replaced with water each time, done 3 times:

Milk remaining = 20 ร— (1 โˆ’ 4/20)ยณ = 20 ร— (4/5)ยณ = 20 ร— 64/125 = 10.24L

๐ŸŽฏ What Can Be Asked (Variations)

  1. "A vessel contains 60L of milk. 12L removed and replaced with water. Done twice. Find milk remaining." โ†’ 60 ร— (1 โˆ’ 12/60)ยฒ = 60 ร— (4/5)ยฒ = 60 ร— 16/25 = 38.4L

  2. "Two alloys A (gold:silver = 5:3) and B (gold:silver = 5:11) are melted together. Find ratio to get alloy with gold:silver = 1:1." โ†’ Gold fraction in A = 5/8, B = 5/16, desired = 1/2 = 8/16. โ†’ Alligation: A:B = (8/16 โˆ’ 5/16):(5/8 โˆ’ 8/16) = 3/16 : 2/16 = 3:2

  3. "โ‚น4200 divided among A, B, C such that A:B = 2:3 and B:C = 4:5. Find C's share." โ†’ A:B:C = 8:12:15. Total parts = 35. C = (15/35) ร— 4200 = โ‚น1800

  4. "A and B invest โ‚น3000 and โ‚น4000 respectively. A withdraws after 4 months. If total profit is โ‚น2100, find A's share." โ†’ A:B = 3000ร—4 : 4000ร—12 = 12000:48000 = 1:4. A = 2100/5 = โ‚น420


๐Ÿ“ Practice Questions (with Answers)

Q1. In what ratio should water (free) be mixed with sugar solution at โ‚น30/L to get solution worth โ‚น20/L?

A: Alligation: Water(0):Mean(20):Sugar(30). Ratio = (30โˆ’20):(20โˆ’0) = 10:20 = 1:2

Q2. A:B = 5:7, B:C = 3:4. Find A:C.

A: A:B = 5:7, B:C = 3:4. A:C = (5/7) ร— (3/4) ... easier: A:B:C = 15:21:28. A:C = 15:28

Q3. A mixture of 80L has milk and water in ratio 3:1. How much water should be added to make ratio 2:3?

A: Milk = 60L, Water = 20L. Let x litres water added: 60/(20+x) = 2/3 โ†’ 180 = 40+2x โ†’ x = 70L

Q4. โ‚น7500 is divided among A, B, C in ratio 3:4:5. Find B's share.

A: B = (4/12) ร— 7500 = โ‚น2500

Q5. A container has 50L of pure milk. 10L is removed and replaced with water. This is done twice. Find concentration of milk.

A: Milk = 50 ร— (40/50)ยฒ = 50 ร— 16/25 = 32L โ†’ Concentration = 32/50 = 64%


๐Ÿ”‘ Exam Strategy

  • Alligation is your best friend โ€” it turns 3-step problems into 1-step
  • When you see "two things mixed at different prices/concentrations" โ†’ immediately think alligation cross
  • Ratio merging (make common term equal) takes <10 seconds once automatic
  • Replacement formula V(1 โˆ’ x/V)^n is asked almost every year โ€” memorize it
  • In trading context: mixing/blending is analogous to portfolio weighting โ€” interviewers may frame it that way