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1500\times \frac{405}{10000}
Expand \frac{4.05}{100} by multiplying both numerator and the denominator by 100.
1500\times \frac{81}{2000}
Reduce the fraction \frac{405}{10000} to lowest terms by extracting and canceling out 5.
\frac{1500\times 81}{2000}
Express 1500\times \frac{81}{2000} as a single fraction.
\frac{121500}{2000}
Multiply 1500 and 81 to get 121500.
\frac{243}{4}
Reduce the fraction \frac{121500}{2000} to lowest terms by extracting and canceling out 500.