Finding the Third Proportional to 62,582.50 and 96,844.75

Step by Step Solution

1. Step 1: Write the proportion equation
   62,582.50 : 96,844.75 = 96,844.75 : x
2. Step 2: Convert to fraction form
   62,582.50/96,844.75 = 96,844.75/x
3. Step 3: Cross multiply
   62,582.50x = 96,844.75 × 96,844.75
4. Step 4: Simplify right side
   62,582.50x = 9,378,905,602.56
5. Step 5: Solve for x
   x = 9,378,905,602.56/62,582.50
6. Step 6: Final answer
   x = 149,864.67