Abhishek, rajat and vivek are partners sharing profits in the ratio 5:3:2. If vivek retires, the new PSR between Abhishek and Rajat will be ?

Dear student
new profit sharing ratio of Abhishek and RAJAT will be 5:3.
note: when one partner retires or dies and nothing is mentioned about the new profit sharing ratio of the continuing partner then in that case continued partners are presumed to share profits in the old ratio.

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