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12\times \frac{125}{3}
Reduce the fraction \frac{500}{12} to lowest terms by extracting and canceling out 4.
\frac{12\times 125}{3}
Express 12\times \frac{125}{3} as a single fraction.
\frac{1500}{3}
Multiply 12 and 125 to get 1500.
500
Divide 1500 by 3 to get 500.