Q.
X, Y and Z are partners in a firm sharing profits and losses equally. They decided to share profits in ratio of 2 : 1 : 2 respectively. The gaining ratio of X and Z will be
[A] 1 : 2
[B] 2 : 1
[C] 1 : 1
[D] 3 : 2
Answer & Explanation
Answer: 1 : 1