Finding the Third Proportional to 11,162.50 and 16,324.75

Step by Step Solution

1. Step 1: Write the proportion equation
   11,162.50 : 16,324.75 = 16,324.75 : x
2. Step 2: Convert to fraction form
   11,162.50/16,324.75 = 16,324.75/x
3. Step 3: Cross multiply
   11,162.50x = 16,324.75 × 16,324.75
4. Step 4: Simplify right side
   11,162.50x = 266,497,462.56
5. Step 5: Solve for x
   x = 266,497,462.56/11,162.50
6. Step 6: Final answer
   x = 23,874.35