Finding the Third Proportional to 11,020.50 and 23,631.75

Step by Step Solution

1. Step 1: Write the proportion equation
   11,020.50 : 23,631.75 = 23,631.75 : x
2. Step 2: Convert to fraction form
   11,020.50/23,631.75 = 23,631.75/x
3. Step 3: Cross multiply
   11,020.50x = 23,631.75 × 23,631.75
4. Step 4: Simplify right side
   11,020.50x = 558,459,608.06
5. Step 5: Solve for x
   x = 558,459,608.06/11,020.50
6. Step 6: Final answer
   x = 50,674.62