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12000-\frac{2}{5}
Reduce the fraction \frac{40}{100} to lowest terms by extracting and canceling out 20.
\frac{60000}{5}-\frac{2}{5}
Convert 12000 to fraction \frac{60000}{5}.
\frac{60000-2}{5}
Since \frac{60000}{5} and \frac{2}{5} have the same denominator, subtract them by subtracting their numerators.
\frac{59998}{5}
Subtract 2 from 60000 to get 59998.