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300\left(1+\frac{15}{1000}\right)
Expand \frac{1.5}{100} by multiplying both numerator and the denominator by 10.
300\left(1+\frac{3}{200}\right)
Reduce the fraction \frac{15}{1000} to lowest terms by extracting and canceling out 5.
300\left(\frac{200}{200}+\frac{3}{200}\right)
Convert 1 to fraction \frac{200}{200}.
300\times \frac{200+3}{200}
Since \frac{200}{200} and \frac{3}{200} have the same denominator, add them by adding their numerators.
300\times \frac{203}{200}
Add 200 and 3 to get 203.
\frac{300\times 203}{200}
Express 300\times \frac{203}{200} as a single fraction.
\frac{60900}{200}
Multiply 300 and 203 to get 60900.
\frac{609}{2}
Reduce the fraction \frac{60900}{200} to lowest terms by extracting and canceling out 100.