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\frac{1034}{1000}\times 3
Expand \frac{103.4}{100} by multiplying both numerator and the denominator by 10.
\frac{517}{500}\times 3
Reduce the fraction \frac{1034}{1000} to lowest terms by extracting and canceling out 2.
\frac{517\times 3}{500}
Express \frac{517}{500}\times 3 as a single fraction.
\frac{1551}{500}
Multiply 517 and 3 to get 1551.