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\frac{1.5}{1000\times 2}
Express \frac{\frac{1.5}{1000}}{2} as a single fraction.
\frac{1.5}{2000}
Multiply 1000 and 2 to get 2000.
\frac{15}{20000}
Expand \frac{1.5}{2000} by multiplying both numerator and the denominator by 10.
\frac{3}{4000}
Reduce the fraction \frac{15}{20000} to lowest terms by extracting and canceling out 5.