Finding the Third Proportional to 62,988.75 and 97,672.50

Step by Step Solution

1. Step 1: Write the proportion equation
   62,988.75 : 97,672.50 = 97,672.50 : x
2. Step 2: Convert to fraction form
   62,988.75/97,672.50 = 97,672.50/x
3. Step 3: Cross multiply
   62,988.75x = 97,672.50 × 97,672.50
4. Step 4: Simplify right side
   62,988.75x = 9,539,917,256.25
5. Step 5: Solve for x
   x = 9,539,917,256.25/62,988.75
6. Step 6: Final answer
   x = 151,454.30