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A, B and C are partners in a firm sharing profits in the ratio $$\frac{2}{5}:\,\frac{2}{5}:\,\frac{1}{5}.$$   C retires from the firm and his share is bought by A and B in equal ratio. New profit sharing ratio will be.

A, B and C are partners in a firm sharing profits in the ratio $$\frac{2}{5}:\,\frac{2}{5}:\,\frac{1}{5}.$$   C retires from the firm and his share is bought by A and B in equal ratio. New profit sharing ratio will be. Correct Answer $${\text{A}} = \frac{1}{2}:{\text{B}} = \frac{1}{2}$$

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