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x-y-and-z-are-partners-in-a-firm-sharing-profits-and-losses-equally

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

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