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\frac{0.48\times \frac{1}{100}}{0.02}
Calculate 10 to the power of -2 and get \frac{1}{100}.
\frac{\frac{3}{625}}{0.02}
Multiply 0.48 and \frac{1}{100} to get \frac{3}{625}.
\frac{3}{625\times 0.02}
Express \frac{\frac{3}{625}}{0.02} as a single fraction.
\frac{3}{12.5}
Multiply 625 and 0.02 to get 12.5.
\frac{30}{125}
Expand \frac{3}{12.5} by multiplying both numerator and the denominator by 10.
\frac{6}{25}
Reduce the fraction \frac{30}{125} to lowest terms by extracting and canceling out 5.