X,Y,and z are partners in a firm sharing profit and losses in the ratoi 3:2:1 .The partners now decied to share future profit and losses in the ratio Of 2:2:1 .Indicate each partners gain or sacrifice due to change in ratio.
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Given present profits and losses ratio of X:Y:Z = 3: 2:1
Given Future profits and losses ratio of X:Y:Z = 2: 2:1
As future ratio of profit and loss is less than the present ratio of profit and loss ,,
Y and Z didnt get any gain or loss ,,but X gets loss due to change in ratio.
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