Direct Proportion: Two quantities x and y are said to be in direct proportion if they increase or decrease together in such a manner that the ratio of their corresponding values remains constant.

Inverse Proportion:

• Two quantities x and y are said to be in inverse proportion if Two quantities may change in such a manner that if one quantity increases, the other quantity decreases, and vice versa.

• For example,
  1) As the number of workers increases, the time taken to finish the job decreases.
  2) If we increase the speed, the time taken to cover a given distance decreases.

• To understand this, let us look into the following situation.
  Zaheeda can go to her school in four different ways. She can walk, run, cycle, or go by car. As Zaheeda doubles her speed by running, time reduces to half. As she increases her speed to three times by cycling, time decreases to one third. Similarly, as she increases her speed to 15 times, time decreases to one-fifteenth. (Or, in other words, the ratio by which time decreases is inverse of the ratio by which the corresponding speed increases).

Relation for Inverse Proportion:

Two quantities x and y are said to be in inverse proportion if an increase in x causes a proportional decrease in y (and vice-versa) in such a manner that the product of their corresponding values remains constant. That is, if xy = k, then x and y are said to vary inversely. In this case if y₁, y₂ are the values of y corresponding to the values x₁, x₂ of x respectively then x₁y₁ = x₂y₂ or `x_1/x_2 = y_2/y_1`.

Partnership: A partnership is an arrangement where parties, known as business, partners, agree to cooperate to advance their mutual interests.

Partnership deed: An agreement that contains the details of every aspect and terms that the partners agree upon before starting a partnership firm is termed as partnership deed.

Capital: When starting a business enterprise, money is required for an office, raw materials, etc. This amount is called the capital.