X, Y, Z were partners sharing profits and losses in the ratio of 1:2:3. Z retired and his capital after making all adjustments is ₹220000. X & Y agreed to pay him ₹250000 in full settlement of his claim. The new profit-sharing ratio is 1:3.

What is the gain of X?

1/12 1/5 4/12 3/4

1/12

Gain of partner = New share - Old share Gain of X  = 1/4 - 1/6                 = (3-2)12                 = 1/12