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\frac{1}{8}\times \frac{1}{3}
Convert decimal number 0.125 to fraction \frac{125}{1000}. Reduce the fraction \frac{125}{1000} to lowest terms by extracting and canceling out 125.
\frac{1\times 1}{8\times 3}
Multiply \frac{1}{8} times \frac{1}{3} by multiplying numerator times numerator and denominator times denominator.
\frac{1}{24}
Do the multiplications in the fraction \frac{1\times 1}{8\times 3}.