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\frac{2}{3}\times \frac{2695}{2}
Convert decimal number 1347.5 to fraction \frac{13475}{10}. Reduce the fraction \frac{13475}{10} to lowest terms by extracting and canceling out 5.
\frac{2\times 2695}{3\times 2}
Multiply \frac{2}{3} times \frac{2695}{2} by multiplying numerator times numerator and denominator times denominator.
\frac{2695}{3}
Cancel out 2 in both numerator and denominator.