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\frac{\frac{150000\times 5}{60}}{60\times 24}
Express \frac{\frac{\frac{150000\times 5}{60}}{60}}{24} as a single fraction.
\frac{\frac{750000}{60}}{60\times 24}
Multiply 150000 and 5 to get 750000.
\frac{12500}{60\times 24}
Divide 750000 by 60 to get 12500.
\frac{12500}{1440}
Multiply 60 and 24 to get 1440.
\frac{625}{72}
Reduce the fraction \frac{12500}{1440} to lowest terms by extracting and canceling out 20.