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12.3\times \frac{1}{1000000}\times 100+1
Calculate 10 to the power of -6 and get \frac{1}{1000000}.
\frac{123}{10000000}\times 100+1
Multiply 12.3 and \frac{1}{1000000} to get \frac{123}{10000000}.
\frac{123}{100000}+1
Multiply \frac{123}{10000000} and 100 to get \frac{123}{100000}.
\frac{100123}{100000}
Add \frac{123}{100000} and 1 to get \frac{100123}{100000}.