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\frac{\frac{108+1}{1}\times 0.42}{96500}
Multiply 108 and 1 to get 108.
\frac{\frac{109}{1}\times 0.42}{96500}
Add 108 and 1 to get 109.
\frac{109\times 0.42}{96500}
Anything divided by one gives itself.
\frac{45.78}{96500}
Multiply 109 and 0.42 to get 45.78.
\frac{4578}{9650000}
Expand \frac{45.78}{96500} by multiplying both numerator and the denominator by 100.
\frac{2289}{4825000}
Reduce the fraction \frac{4578}{9650000} to lowest terms by extracting and canceling out 2.