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\frac{6930}{365\times 24}
Express \frac{\frac{6930}{365}}{24} as a single fraction.
\frac{6930}{8760}
Multiply 365 and 24 to get 8760.
\frac{231}{292}
Reduce the fraction \frac{6930}{8760} to lowest terms by extracting and canceling out 30.