Finding the Third Proportional to 24,261.50 and 53,048.75

Step by Step Solution

1. Step 1: Write the proportion equation
   24,261.50 : 53,048.75 = 53,048.75 : x
2. Step 2: Convert to fraction form
   24,261.50/53,048.75 = 53,048.75/x
3. Step 3: Cross multiply
   24,261.50x = 53,048.75 × 53,048.75
4. Step 4: Simplify right side
   24,261.50x = 2,814,169,876.56
5. Step 5: Solve for x
   x = 2,814,169,876.56/24,261.50
6. Step 6: Final answer
   x = 115,993.24