Finding the Third Proportional to 264,801 and 583,048.50

Step by Step Solution

1. Step 1: Write the proportion equation
   264,801 : 583,048.50 = 583,048.50 : x
2. Step 2: Convert to fraction form
   264,801/583,048.50 = 583,048.50/x
3. Step 3: Cross multiply
   264,801x = 583,048.50 × 583,048.50
4. Step 4: Simplify right side
   264,801x = 339,945,553,352.25
5. Step 5: Solve for x
   x = 339,945,553,352.25/264,801
6. Step 6: Final answer
   x = 1,283,777.45