Finding the Third Proportional to 54,499.50 and 120,001.50

Step by Step Solution

1. Step 1: Write the proportion equation
   54,499.50 : 120,001.50 = 120,001.50 : x
2. Step 2: Convert to fraction form
   54,499.50/120,001.50 = 120,001.50/x
3. Step 3: Cross multiply
   54,499.50x = 120,001.50 × 120,001.50
4. Step 4: Simplify right side
   54,499.50x = 14,400,360,002.25
5. Step 5: Solve for x
   x = 14,400,360,002.25/54,499.50
6. Step 6: Final answer
   x = 264,229.21