Finding the Third Proportional to 16,123.50 and 24,911.25

Step by Step Solution

1. Step 1: Write the proportion equation
   16,123.50 : 24,911.25 = 24,911.25 : x
2. Step 2: Convert to fraction form
   16,123.50/24,911.25 = 24,911.25/x
3. Step 3: Cross multiply
   16,123.50x = 24,911.25 × 24,911.25
4. Step 4: Simplify right side
   16,123.50x = 620,570,376.56
5. Step 5: Solve for x
   x = 620,570,376.56/16,123.50
6. Step 6: Final answer
   x = 38,488.56