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\frac{0.4\times 0.8\times 5}{3}
Cancel out 4\times 100 in both numerator and denominator.
\frac{0.32\times 5}{3}
Multiply 0.4 and 0.8 to get 0.32.
\frac{1.6}{3}
Multiply 0.32 and 5 to get 1.6.
\frac{16}{30}
Expand \frac{1.6}{3} by multiplying both numerator and the denominator by 10.
\frac{8}{15}
Reduce the fraction \frac{16}{30} to lowest terms by extracting and canceling out 2.