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If Tanmay and Manthan change their profit and loss sharing ratio from 3 : 2 to 2 : 1 then

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If Tanmay and Manthan change their profit and loss sharing ratio from 3 : 2 to 2 : 1 then

(A) Tanmay’s gain and Manthan has to sacrifice.
(B) Both has to sacrifice
(C) Tanmay has to sacrifice and Manthan has gain
(D) Both get gain

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1 Answer

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Correct option is (A) Tanmay’s gain and Manthan has to sacrifice.

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