Initial profit sharing ratio of Murli, Naveen and Omprakesh = 3/8 : 1/2 : 1/8
Converting to common denominator (8):
= 3/8 : 4/8 : 1/8 = 3 : 4 : 1
When Murli retires, his share (3/8) is distributed as follows:
Naveen gains = 32 of Murli's share = 32×83=246=41
Omprakesh gains = 31 of Murli's share = 31×83=243=81
Gaining Ratio = Share gained by Naveen : Share gained by Omprakesh
= 41:81
= 82:81
= 2 : 1
The correct answer is Option 2: 2:1