Step 1: The perimeter of a square is given by \( P = 4a \), where \( a \) is the side length.
For the first square, the perimeter is 40 cm, so the side length is:
\[
a_1 = \frac{40}{4} = 10 \, \text{cm}.
\]
For the second square, the perimeter is 32 cm, so the side length is:
\[
a_2 = \frac{32}{4} = 8 \, \text{cm}.
\]
Step 2: The areas of the squares are:
\[
\text{Area of first square} = a_1^2 = 10^2 = 100 \, \text{cm}^2,
\]
\[
\text{Area of second square} = a_2^2 = 8^2 = 64 \, \text{cm}^2.
\]
Step 3: The difference in areas is:
\[
\text{Difference in areas} = 100 - 64 = 36 \, \text{cm}^2.
\]
Step 4: Let the side length of the third square be \( a_3 \). The area of the third square is 36 cm\(^2\), so:
\[
a_3^2 = 36 \quad \Rightarrow \quad a_3 = 6 \, \text{cm}.
\]
Step 5: The perimeter of the third square is:
\[
P_3 = 4a_3 = 4 \times 6 = 24 \, \text{cm}.
\]