In the absence of any specific information about the profit sharing ratios or any agreement regarding how Kabir's share will be distributed between the remaining partners, it is assumed that the remaining partners gain equally.
When a partner retires and no information is provided about:
- Old profit sharing ratio
- New profit sharing ratio
- Agreement about distribution of retiring partner's share
The remaining partners acquire the retiring partner's share in equal proportion.
Therefore, Preeti and Shershah will gain Kabir's share equally.
Gaining Ratio = 1:1
This means both Preeti and Shershah benefit equally from Kabir's retirement and will bear the obligations (like goodwill adjustment, if any) equally as well.