We studied driving characteristics according to the ratio of mass and charging (m/q) value for charged toner particles with black and yellow color in charged particle type display panel. After biasing rectangle pulse to the transparency electrodes of putted panel with toner particles, its response time and contrast ratio are simultaneously measured using a laser as a optical source, photodiode as a detector and reflective system. As a results, contrast ratio is largest at the shortest response time region which is different to the particle because of m/q. We proposed relational equation for response time, m/q, cell gap and biasing voltage. It has not been studied and reported to analyze the relationship of response time, biasing voltage, lumping phenomena, cell gap, and contrast ratio for toner particle type display.