Finding the Third Proportional to 231,061.50 and 500,031

Step by Step Solution

1. Step 1: Write the proportion equation
   231,061.50 : 500,031 = 500,031 : x
2. Step 2: Convert to fraction form
   231,061.50/500,031 = 500,031/x
3. Step 3: Cross multiply
   231,061.50x = 500,031 × 500,031
4. Step 4: Simplify right side
   231,061.50x = 250,031,000,961
5. Step 5: Solve for x
   x = 250,031,000,961/231,061.50
6. Step 6: Final answer
   x = 1,082,097.19