Finding the Third Proportional to 24,557.50 and 37,040.50

Step by Step Solution

1. Step 1: Write the proportion equation
   24,557.50 : 37,040.50 = 37,040.50 : x
2. Step 2: Convert to fraction form
   24,557.50/37,040.50 = 37,040.50/x
3. Step 3: Cross multiply
   24,557.50x = 37,040.50 × 37,040.50
4. Step 4: Simplify right side
   24,557.50x = 1,371,998,640.25
5. Step 5: Solve for x
   x = 1,371,998,640.25/24,557.50
6. Step 6: Final answer
   x = 55,868.82