Finding the Third Proportional to 58,002.75 and 123,592.50

Step by Step Solution

1. Step 1: Write the proportion equation
   58,002.75 : 123,592.50 = 123,592.50 : x
2. Step 2: Convert to fraction form
   58,002.75/123,592.50 = 123,592.50/x
3. Step 3: Cross multiply
   58,002.75x = 123,592.50 × 123,592.50
4. Step 4: Simplify right side
   58,002.75x = 15,275,106,056.25
5. Step 5: Solve for x
   x = 15,275,106,056.25/58,002.75
6. Step 6: Final answer
   x = 263,351.41