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60000\left(\frac{5}{5}-\frac{1}{5}\right)
Convert 1 to fraction \frac{5}{5}.
60000\times \frac{5-1}{5}
Since \frac{5}{5} and \frac{1}{5} have the same denominator, subtract them by subtracting their numerators.
60000\times \frac{4}{5}
Subtract 1 from 5 to get 4.
\frac{60000\times 4}{5}
Express 60000\times \frac{4}{5} as a single fraction.
\frac{240000}{5}
Multiply 60000 and 4 to get 240000.
48000
Divide 240000 by 5 to get 48000.