2- A and B are partners sharing profits in the ratio 5:3, they admitted C giving him 3/10th
share of profit. If C acquires 1/5 from A and 1/10 from B, new profit sharing ratio will be:
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C's share = 3/10
remaining = 1 - 3/10 = 7/10
A's new share = 5/8 *7/10 = 35/80
B's new share =3/8 * 7/10 = 21/80
C's share = 3×8/10 ×8 = 24/80
here I multiplied by 8 to make same denominator of all three .
So new ratio = 35: 21 : 24 Answer
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