Finding the Third Proportional to 58,561.50 and 124,417.50

Step by Step Solution

1. Step 1: Write the proportion equation
   58,561.50 : 124,417.50 = 124,417.50 : x
2. Step 2: Convert to fraction form
   58,561.50/124,417.50 = 124,417.50/x
3. Step 3: Cross multiply
   58,561.50x = 124,417.50 × 124,417.50
4. Step 4: Simplify right side
   58,561.50x = 15,479,714,306.25
5. Step 5: Solve for x
   x = 15,479,714,306.25/58,561.50
6. Step 6: Final answer
   x = 264,332.61