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1000\times \frac{40}{100}
Anything divided by one gives itself.
1000\times \frac{2}{5}
Reduce the fraction \frac{40}{100} to lowest terms by extracting and canceling out 20.
\frac{1000\times 2}{5}
Express 1000\times \frac{2}{5} as a single fraction.
\frac{2000}{5}
Multiply 1000 and 2 to get 2000.
400
Divide 2000 by 5 to get 400.