Step 1: Recall the volume formula of a cylinder.
\(V=\pi r^2 h\). For two cylinders, \(V_1:V_2=(r_1^2 h_1):(r_2^2 h_2)\). Step 2: Substitute the given ratios.
\(r_1:r_2=2:3 \Rightarrow r_1^2:r_2^2=4:9\).
\(h_1:h_2=5:3\). Step 3: Multiply component-wise.
\[
V_1:V_2=(4\times 5):(9\times 3)=20:27.
\]