Finding the Third Proportional to 11,111.06 and 24,682.50

Step by Step Solution

1. Step 1: Write the proportion equation
   11,111.06 : 24,682.50 = 24,682.50 : x
2. Step 2: Convert to fraction form
   11,111.06/24,682.50 = 24,682.50/x
3. Step 3: Cross multiply
   11,111.06x = 24,682.50 × 24,682.50
4. Step 4: Simplify right side
   11,111.06x = 609,225,806.25
5. Step 5: Solve for x
   x = 609,225,806.25/11,111.06
6. Step 6: Final answer
   x = 54,830.56