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3500000\times \frac{35}{1000}
Expand \frac{3.5}{100} by multiplying both numerator and the denominator by 10.
3500000\times \frac{7}{200}
Reduce the fraction \frac{35}{1000} to lowest terms by extracting and canceling out 5.
\frac{3500000\times 7}{200}
Express 3500000\times \frac{7}{200} as a single fraction.
\frac{24500000}{200}
Multiply 3500000 and 7 to get 24500000.
122500
Divide 24500000 by 200 to get 122500.