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\frac{4}{1.2\times 1000}
Calculate 10 to the power of 3 and get 1000.
\frac{4}{1200}
Multiply 1.2 and 1000 to get 1200.
\frac{1}{300}
Reduce the fraction \frac{4}{1200} to lowest terms by extracting and canceling out 4.