Read the following case study and answer question.
Deepali, Nimisha and Sonam were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Nimisha retired and the new profit sharing ratio between Deepali and Sonam was 2 : 3, On Nimisha's retirement, the goodwill of the firm was valued at ₹1,20,000.
Using the information given in above case study, Nimisha's sacrifice of goodwill will be:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → ₹36,000
A retiring partner gives up her whole old share, so her sacrifice of goodwill equals her old share of the firm’s goodwill.
Nimisha’s old share = 3/10
Nimisha’s sacrifice of goodwill = ₹1,20,000 × 3/10 = ₹36,000
NCERT (2026-27 edition):
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