Finding the Third Proportional to 10,962.50 and 24,111.88

Step by Step Solution

1. Step 1: Write the proportion equation
   10,962.50 : 24,111.88 = 24,111.88 : x
2. Step 2: Convert to fraction form
   10,962.50/24,111.88 = 24,111.88/x
3. Step 3: Cross multiply
   10,962.50x = 24,111.88 × 24,111.88
4. Step 4: Simplify right side
   10,962.50x = 581,382,516.02
5. Step 5: Solve for x
   x = 581,382,516.02/10,962.50
6. Step 6: Final answer
   x = 53,033.75