Finding the Third Proportional to 37,408.50 and 62,340.75

Step by Step Solution

1. Step 1: Write the proportion equation
   37,408.50 : 62,340.75 = 62,340.75 : x
2. Step 2: Convert to fraction form
   37,408.50/62,340.75 = 62,340.75/x
3. Step 3: Cross multiply
   37,408.50x = 62,340.75 × 62,340.75
4. Step 4: Simplify right side
   37,408.50x = 3,886,369,110.56
5. Step 5: Solve for x
   x = 3,886,369,110.56/37,408.50
6. Step 6: Final answer
   x = 103,890.00