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\frac{500\times 100}{50}\times \frac{30}{100}
Divide 500 by \frac{50}{100} by multiplying 500 by the reciprocal of \frac{50}{100}.
\frac{50000}{50}\times \frac{30}{100}
Multiply 500 and 100 to get 50000.
1000\times \frac{30}{100}
Divide 50000 by 50 to get 1000.
1000\times \frac{3}{10}
Reduce the fraction \frac{30}{100} to lowest terms by extracting and canceling out 10.
\frac{1000\times 3}{10}
Express 1000\times \frac{3}{10} as a single fraction.
\frac{3000}{10}
Multiply 1000 and 3 to get 3000.
300
Divide 3000 by 10 to get 300.