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\frac{30\times 10^{2}\times 2}{12\times 10^{5}}
To multiply powers of the same base, add their exponents. Add 5 and -3 to get 2.
\frac{5}{10^{3}}
Cancel out 2\times 6\times 10^{2} in both numerator and denominator.
\frac{5}{1000}
Calculate 10 to the power of 3 and get 1000.
\frac{1}{200}
Reduce the fraction \frac{5}{1000} to lowest terms by extracting and canceling out 5.