Finding the Third Proportional to 62,967 and 88,030.50

Step by Step Solution

1. Step 1: Write the proportion equation
   62,967 : 88,030.50 = 88,030.50 : x
2. Step 2: Convert to fraction form
   62,967/88,030.50 = 88,030.50/x
3. Step 3: Cross multiply
   62,967x = 88,030.50 × 88,030.50
4. Step 4: Simplify right side
   62,967x = 7,749,368,930.25
5. Step 5: Solve for x
   x = 7,749,368,930.25/62,967
6. Step 6: Final answer
   x = 123,070.32