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\frac{1.068}{1.1}
Multiply 0.004 and 267 to get 1.068.
\frac{1068}{1100}
Expand \frac{1.068}{1.1} by multiplying both numerator and the denominator by 1000.
\frac{267}{275}
Reduce the fraction \frac{1068}{1100} to lowest terms by extracting and canceling out 4.