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\frac{1.5\times 10^{3}}{3}
Cancel out 10^{5} in both numerator and denominator.
\frac{1.5\times 1000}{3}
Calculate 10 to the power of 3 and get 1000.
\frac{1500}{3}
Multiply 1.5 and 1000 to get 1500.
500
Divide 1500 by 3 to get 500.