Finding the Third Proportional to 23,020.50 and 38,863.50

Step by Step Solution

1. Step 1: Write the proportion equation
   23,020.50 : 38,863.50 = 38,863.50 : x
2. Step 2: Convert to fraction form
   23,020.50/38,863.50 = 38,863.50/x
3. Step 3: Cross multiply
   23,020.50x = 38,863.50 × 38,863.50
4. Step 4: Simplify right side
   23,020.50x = 1,510,371,632.25
5. Step 5: Solve for x
   x = 1,510,371,632.25/23,020.50
6. Step 6: Final answer
   x = 65,609.85