Explanation of NPK and fertilizers
Understanding NPK (Nitrogen, Phosphorous, and Potash (Potassium)) ratings on lawn and plant fertilizers is an important part of deciding whether or not fertilizers are appropriate or even necessary for your garden and landscaping.
This article is a basic guide to understanding what NPK numbers mean with fertilizers, and what levels of Nitrogen, Phosphorous, and Potash are really appropriate for your lawn, and garden plants.
In most cases, important gardening practices such as aerating and composting are much better for your garden than using chemical fertilizers. Also note that higher NPK levels don’t necessarily mean healthier plants.
What You Should Know about NPK and Fertilizers
Chemical fertilizers and organic fertilizers show their nutrient content with three bold numbers on the package. These numbers represent three different compounds: Nitrogen, Phosphorous, and Potash (Potassium), which we can also describe with the letters N-P-K. The three numbers listed on fertilizer labels correspond to the percentage of these materials found in the fertilizer.
stole this from an article
http://www.cleanairgardening.com/npkexplanation.html
liquid formulas like floranova are highly concentrated so it takes a lot less... a little goes a long way... dry formulas are fine too... just depends on the grower really... i use some liquid and some dry myself...