Finding the Third Proportional to 12,307.50 and 14,953.50

Step by Step Solution

1. Step 1: Write the proportion equation
   12,307.50 : 14,953.50 = 14,953.50 : x
2. Step 2: Convert to fraction form
   12,307.50/14,953.50 = 14,953.50/x
3. Step 3: Cross multiply
   12,307.50x = 14,953.50 × 14,953.50
4. Step 4: Simplify right side
   12,307.50x = 223,607,162.25
5. Step 5: Solve for x
   x = 223,607,162.25/12,307.50
6. Step 6: Final answer
   x = 18,168.37