Question

Shashi, Maya and Komal were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025 Komal retired. The new profit sharing ratio between Shashi and Maya was decided as 3 : 5. The gain or sacrifice of Shashi and Maya on Komal's retirement was :

• A. Shashi's sacrifice \( \frac{1}{8} \) ; Maya's gain \( \frac{13}{40} \)
• B. Shashi's gain \( \frac{1}{8} \) ; Maya's sacrifice \( \frac{13}{40} \)
• C. Shashi's sacrifice \( \frac{1}{8} \) ; Maya's sacrifice \( \frac{13}{40} \)
• D. Shashi's gain \( \frac{1}{8} \) ; Maya's gain \( \frac{13}{40} \)

Hint:

Gain/Sacrifice = New Share - Old Share

• Positive = Gain
• Negative = Sacrifice

Always convert fractions to a common denominator for easy comparison!

Answer 1

The Correct Option is B