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.
From the information provided in the case study, calculate Sonam's sacrifice or gain.
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → 4/10 Gain
Gaining share = new share − old share; a positive result is a gain.
Sonam’s old share = 2/10
Sonam’s new share = 3/5 = 6/10
Sonam’s gain = 6/10 − 2/10 = 4/10
NCERT (2026-27 edition):
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