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\frac{3\times 10^{3}}{1550}
Cancel out 10^{5} in both numerator and denominator.
\frac{3\times 1000}{1550}
Calculate 10 to the power of 3 and get 1000.
\frac{3000}{1550}
Multiply 3 and 1000 to get 3000.
\frac{60}{31}
Reduce the fraction \frac{3000}{1550} to lowest terms by extracting and canceling out 50.