Explanation:

- Let's assume the third number is $x$.

- The first number is 32% more than the third number: $1.32x$.

- The second number is 48% more than the third number: $1.48x$.

- We need to find what percentage the second number is of the first.

- To find this: $(\frac{1.48x}{1.32x})\times 100\mathrm{\%}=\frac{1.48}{1.32}\times 100\mathrm{\%}\approx 112.12\mathrm{\%}$.

- So, the second number is approximately 112.12% of the first number.

- Let's review our options:

- Option 1: 89.19%

- Option 2: 112.12%

- Option 3: 102.19%

- Option 4: 150.12%

- 112.12% is the correct answer.