Finding the Third Proportional to 24,270 and 37,700.50

Step by Step Solution

1. Step 1: Write the proportion equation
   24,270 : 37,700.50 = 37,700.50 : x
2. Step 2: Convert to fraction form
   24,270/37,700.50 = 37,700.50/x
3. Step 3: Cross multiply
   24,270x = 37,700.50 × 37,700.50
4. Step 4: Simplify right side
   24,270x = 1,421,327,700.25
5. Step 5: Solve for x
   x = 1,421,327,700.25/24,270
6. Step 6: Final answer
   x = 58,563.15