Finding the Third Proportional to 11,023.25 and 24,116.50

Step by Step Solution

1. Step 1: Write the proportion equation
   11,023.25 : 24,116.50 = 24,116.50 : x
2. Step 2: Convert to fraction form
   11,023.25/24,116.50 = 24,116.50/x
3. Step 3: Cross multiply
   11,023.25x = 24,116.50 × 24,116.50
4. Step 4: Simplify right side
   11,023.25x = 581,605,572.25
5. Step 5: Solve for x
   x = 581,605,572.25/11,023.25
6. Step 6: Final answer
   x = 52,761.71