Rahul, Anuj and Sharjeel are partners in a firm sharing profits in the ratio of 8:5:3. It is felt that Rahul will no longer be able to actively participate in affairs of the firm. Hence, with effect from April 1, 2025, they decided that, in future they will share the profits in the ratio of 5 : 6 : 5. In this case, what will be the share of Rahul's loss in profits?

3/16

Correct answer: Option (3) → 3/16

Concept: Change in profit sharing ratio among existing partners – Sacrifice / Gain = Old share – New share, per Accounting for Partnership: Basic Concepts.

Old ratio Rahul : Anuj : Sharjeel = 8 : 5 : 3 (total 16); new ratio = 5 : 6 : 5 (total 16).
Rahul’s old share = 8/16, new share = 5/16
Rahul’s loss (sacrifice) of share = 8/16 – 5/16 = 3/16.