Finding the Third Proportional to 62,017.50 and 98,563.50

Step by Step Solution

1. Step 1: Write the proportion equation
   62,017.50 : 98,563.50 = 98,563.50 : x
2. Step 2: Convert to fraction form
   62,017.50/98,563.50 = 98,563.50/x
3. Step 3: Cross multiply
   62,017.50x = 98,563.50 × 98,563.50
4. Step 4: Simplify right side
   62,017.50x = 9,714,763,532.25
5. Step 5: Solve for x
   x = 9,714,763,532.25/62,017.50
6. Step 6: Final answer
   x = 156,645.52