The algorithms of the strength, work, modulus and percentage methods have been introduced and discussed in Part Ⅰ and Part Ⅱ of the series papers. As the following, the percentage-function calculation and the frequency-function calculation of the definition method are defined and developed in detail. Meanwhile, the procedures to find the tensile parameters are analysed experimentally and involve "ED" being the average values of the corresponding tensile parameters of each bundle tensile curve measured; "EC" being the tensile parameters obtained from the averaged experimental tensile curve; and "TC" being the parameters of the theoretical tensile curve according to the corresponding nominal blend ratio. The theoretical and experimental results indicate that the blend ratio estimated by the definition method from wool/polyester blended fibre bundles has a high correlation with the actual blend ratio though the variables to be known in this method are the most of all the methods and there exist the difficulty to solve fibre bundle tensile behaviour without fibre broken in accuracy and that there are high correlations between the EC and TC data and the tensile parameters should be calculated using the EC method rather than the ED method with the exception of the bundle initial modulus. The relationships between blend ratios and the tensile properties of blended fibre bundles can be used to select the optimum blend ratio of blended tops or yarns.