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\frac{1}{2}\times \frac{3}{20}
Reduce the fraction \frac{15}{100} to lowest terms by extracting and canceling out 5.
\frac{1\times 3}{2\times 20}
Multiply \frac{1}{2} times \frac{3}{20} by multiplying numerator times numerator and denominator times denominator.
\frac{3}{40}
Do the multiplications in the fraction \frac{1\times 3}{2\times 20}.