Finding the Third Proportional to 24,603.75 and 37,030.50

Step by Step Solution

1. Step 1: Write the proportion equation
   24,603.75 : 37,030.50 = 37,030.50 : x
2. Step 2: Convert to fraction form
   24,603.75/37,030.50 = 37,030.50/x
3. Step 3: Cross multiply
   24,603.75x = 37,030.50 × 37,030.50
4. Step 4: Simplify right side
   24,603.75x = 1,371,257,930.25
5. Step 5: Solve for x
   x = 1,371,257,930.25/24,603.75
6. Step 6: Final answer
   x = 55,733.70