2. X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2019, they decide to share profits and losses in the ratio of 5 : 2 : 3. Calculate each partner’s gain or sacrifice due to the change in ratio.
The solution of Question 02Chapter 4 of +2-A
Old Ratio of X, Y, & Z
5 : 3 : 2
New Ratio of X, Y, & Z
5 : 2 : 3
Calculate the Sacrificing or Gaining Ratio of Partners Sacrificing or Gaining Ratio = Old Ratio – New Ratio