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\frac{31629}{100000}\times 60\times \frac{1}{16}
Expand \frac{31.629}{100} by multiplying both numerator and the denominator by 1000.
\frac{31629\times 60}{100000}\times \frac{1}{16}
Express \frac{31629}{100000}\times 60 as a single fraction.
\frac{1897740}{100000}\times \frac{1}{16}
Multiply 31629 and 60 to get 1897740.
\frac{94887}{5000}\times \frac{1}{16}
Reduce the fraction \frac{1897740}{100000} to lowest terms by extracting and canceling out 20.
\frac{94887\times 1}{5000\times 16}
Multiply \frac{94887}{5000} times \frac{1}{16} by multiplying numerator times numerator and denominator times denominator.
\frac{94887}{80000}
Do the multiplications in the fraction \frac{94887\times 1}{5000\times 16}.