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\frac{1}{150}\times 500
Reduce the fraction \frac{10}{1500} to lowest terms by extracting and canceling out 10.
\frac{500}{150}
Multiply \frac{1}{150} and 500 to get \frac{500}{150}.
\frac{10}{3}
Reduce the fraction \frac{500}{150} to lowest terms by extracting and canceling out 50.