Finding the Third Proportional to 62,862.75 and 85,423.50

Step by Step Solution

1. Step 1: Write the proportion equation
   62,862.75 : 85,423.50 = 85,423.50 : x
2. Step 2: Convert to fraction form
   62,862.75/85,423.50 = 85,423.50/x
3. Step 3: Cross multiply
   62,862.75x = 85,423.50 × 85,423.50
4. Step 4: Simplify right side
   62,862.75x = 7,297,174,352.25
5. Step 5: Solve for x
   x = 7,297,174,352.25/62,862.75
6. Step 6: Final answer
   x = 116,081.06