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0.998\times \frac{1}{10000}
Expand \frac{0.01}{100} by multiplying both numerator and the denominator by 100.
\frac{499}{500}\times \frac{1}{10000}
Convert decimal number 0.998 to fraction \frac{998}{1000}. Reduce the fraction \frac{998}{1000} to lowest terms by extracting and canceling out 2.
\frac{499\times 1}{500\times 10000}
Multiply \frac{499}{500} times \frac{1}{10000} by multiplying numerator times numerator and denominator times denominator.
\frac{499}{5000000}
Do the multiplications in the fraction \frac{499\times 1}{500\times 10000}.