On the basis of the information given answer the question below :

Akhil, Karan and Sakshi are partners sharing profits in the ratio 5 : 3 : 2. Goodwill already appear in the books ₹60,000. Karan decided to retire from the firm. Goodwill of the firm was valued at ₹2,40,000. Existing partners decided to share profits in the ratio 3 : 2.

Gaining Ratio of Akhil and Karan will be:

1 : 2

The correct answer is Option (2) - 1 : 2.

Old ratio = 5:3:2 (Akhil, Karan and Sakshi)
New ratio = 3:2 (Akhil and Sakshi)

Gain of Akhil = 3/5 - 5/10
                   = (6-5)/10
                   = 1/10

Gain of Sakshi = 2/5 - 2/10
                      = (4-2)/10
                      = 2/10

GAINING RATIO = 1/10 : 2/10
                        = 1:2