X,Y and Z are partners sharing profits in the ratio of5:3:2 . calculate gaining or sacrificing share if X,Y and Z decide to share future profits and losess equally
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Gaining ratio or sacrificing ration will be calculated as:
Gaining/Sacrificing Ratio = New Ratio - Old Ratio
Therefore:
For X = 1/3 - 5/10
= 10 - 15
30
= - 5/30 Sacrificing Ratio
For Y = 1/3 - 3/10
= 10 - 9
30
= 1/30 Gaining Ratio
For Z = 1/3 - 2/10
= 10- 6
30
= 4/30 Gaining Ratio
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