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\frac{980\times 4000}{68^{2}}
Multiply 0.02 and 49000 to get 980.
\frac{3920000}{68^{2}}
Multiply 980 and 4000 to get 3920000.
\frac{3920000}{4624}
Calculate 68 to the power of 2 and get 4624.
\frac{245000}{289}
Reduce the fraction \frac{3920000}{4624} to lowest terms by extracting and canceling out 16.