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\frac{3}{100}\times 0.7
Reduce the fraction \frac{120}{4000} to lowest terms by extracting and canceling out 40.
\frac{3}{100}\times \frac{7}{10}
Convert decimal number 0.7 to fraction \frac{7}{10}.
\frac{3\times 7}{100\times 10}
Multiply \frac{3}{100} times \frac{7}{10} by multiplying numerator times numerator and denominator times denominator.
\frac{21}{1000}
Do the multiplications in the fraction \frac{3\times 7}{100\times 10}.