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\frac{129.6}{39.08\times 0.54}
Express \frac{\frac{129.6}{39.08}}{0.54} as a single fraction.
\frac{129.6}{21.1032}
Multiply 39.08 and 0.54 to get 21.1032.
\frac{1296000}{211032}
Expand \frac{129.6}{21.1032} by multiplying both numerator and the denominator by 10000.
\frac{6000}{977}
Reduce the fraction \frac{1296000}{211032} to lowest terms by extracting and canceling out 216.