Finding the Third Proportional to 23,297.63 and 37,057.50

Step by Step Solution

1. Step 1: Write the proportion equation
   23,297.63 : 37,057.50 = 37,057.50 : x
2. Step 2: Convert to fraction form
   23,297.63/37,057.50 = 37,057.50/x
3. Step 3: Cross multiply
   23,297.63x = 37,057.50 × 37,057.50
4. Step 4: Simplify right side
   23,297.63x = 1,373,258,306.25
5. Step 5: Solve for x
   x = 1,373,258,306.25/23,297.63
6. Step 6: Final answer
   x = 58,944.13