Finding the Third Proportional to 11,543.25 and 24,931.50

Step by Step Solution

1. Step 1: Write the proportion equation
   11,543.25 : 24,931.50 = 24,931.50 : x
2. Step 2: Convert to fraction form
   11,543.25/24,931.50 = 24,931.50/x
3. Step 3: Cross multiply
   11,543.25x = 24,931.50 × 24,931.50
4. Step 4: Simplify right side
   11,543.25x = 621,579,692.25
5. Step 5: Solve for x
   x = 621,579,692.25/11,543.25
6. Step 6: Final answer
   x = 53,847.89