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How much was invested by z

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Question - X and Y, having capital balances of P980,000 and P525,000, respectively, decided to admit Z into their partnership. Z is to invest sufficient amount in order to have a 25% interest in the partnership. If X and Y share profit in a proportion of 3:1, respectively, and Y's capital balance after Z's investment is P589,750, how much was invested by Z?

Reference no: EM133132645

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