Practicing Success
X and Y share profits in the ratio 2 :3. In future they have decided to share profits in equal ratio. Which partner will sacrifice in which ratio? |
X sacrifice 1/10 Y sacrifice 1/5 Y sacrifice 1/10 None of these |
Y sacrifice 1/10 |
sacrifice ratio = old ratio-new ratio X Gain = 2/5-1/2 = 1/10(gain) Y sacrifice = 3/5-1/2 = 1/10( sacrifice) |