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\frac{1.5}{100\times 3.1}
Express \frac{\frac{1.5}{100}}{3.1} as a single fraction.
\frac{1.5}{310}
Multiply 100 and 3.1 to get 310.
\frac{15}{3100}
Expand \frac{1.5}{310} by multiplying both numerator and the denominator by 10.
\frac{3}{620}
Reduce the fraction \frac{15}{3100} to lowest terms by extracting and canceling out 5.