The beginning formula is wrong.

xp = 760 and xe = 500 produces a delay: dt = 206us;

and for exactly the same transmission but reversed only, produces result: xe = 760 and xp = 500: dt = 215us

This is a nonsense!

Author of this fallacy should correct this immediately, or delete completely this erroneous formula - if he is unable to do math.

additional note:

hence an approximated form - up to second order is:

so, this is inconsistent with the next equation. You lost this: :, what is a quite big number.