Finding the Third Proportional to 11,020.50 and 24,117.75

Step by Step Solution

1. Step 1: Write the proportion equation
   11,020.50 : 24,117.75 = 24,117.75 : x
2. Step 2: Convert to fraction form
   11,020.50/24,117.75 = 24,117.75/x
3. Step 3: Cross multiply
   11,020.50x = 24,117.75 × 24,117.75
4. Step 4: Simplify right side
   11,020.50x = 581,665,865.06
5. Step 5: Solve for x
   x = 581,665,865.06/11,020.50
6. Step 6: Final answer
   x = 52,780.35