Step 1: Understanding monohybrid cross.
A monohybrid cross involves a single pair of contrasting traits controlled by a single gene.
Step 2: Phenotypic ratio.
In a typical Mendelian monohybrid cross, the phenotypic ratio in the F\textsubscript{2} generation is 3:1, representing two phenotypes (dominant and recessive).
Step 3: Genotypic ratio.
The genotypic ratio is 1:2:1, representing three genotypes (homozygous dominant, heterozygous, and homozygous recessive).
Step 4: Conclusion.
Hence, the number of phenotypes is 2 and the number of genotypes is 3.