X and Y are partners sharing profits in the ratio 3:2. C is admitted. X surrenders 1\6from his share
and Y surrendered 1/4th of his share. C's share of profit will be:
5/9
2/13
7/12
4/15
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Answer: 1/5
Explanation: 1/6 of x's share 3/5 = 1/10
1/4 of Y's share 2/5 = 1/10
therefor C's share 1/10+1/10 = 2/10 or 1/5
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