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\frac{\frac{4000000}{60}}{24\times 365}
Express \frac{\frac{\frac{4000000}{60}}{24}}{365} as a single fraction.
\frac{\frac{200000}{3}}{24\times 365}
Reduce the fraction \frac{4000000}{60} to lowest terms by extracting and canceling out 20.
\frac{\frac{200000}{3}}{8760}
Multiply 24 and 365 to get 8760.
\frac{200000}{3\times 8760}
Express \frac{\frac{200000}{3}}{8760} as a single fraction.
\frac{200000}{26280}
Multiply 3 and 8760 to get 26280.
\frac{5000}{657}
Reduce the fraction \frac{200000}{26280} to lowest terms by extracting and canceling out 40.