In the absence of any information regarding the acquisition of share in profit of the deceased partner by the remaining partners, an assumption is made that they will acquire his share in:-

Old Profit Sharing Ratio

Correct answer: Option (2) → Old Profit Sharing Ratio

Concept: Acquisition of the deceased partner’s share in the absence of information, per Reconstitution of a Partnership Firm – Retirement/Death of a Partner.

Where nothing is stated about the ratio in which the remaining partners acquire the outgoing partner’s share, NCERT assumes they acquire it in their OLD profit sharing ratio and continue to share future profits in that old ratio (so the gaining ratio equals the old ratio). Hence Option (2).