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\frac{500}{3\times 100000000}
Calculate 10 to the power of 8 and get 100000000.
\frac{500}{300000000}
Multiply 3 and 100000000 to get 300000000.
\frac{1}{600000}
Reduce the fraction \frac{500}{300000000} to lowest terms by extracting and canceling out 500.