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50000\times \frac{598}{10000}
Expand \frac{5.98}{100} by multiplying both numerator and the denominator by 100.
50000\times \frac{299}{5000}
Reduce the fraction \frac{598}{10000} to lowest terms by extracting and canceling out 2.
\frac{50000\times 299}{5000}
Express 50000\times \frac{299}{5000} as a single fraction.
\frac{14950000}{5000}
Multiply 50000 and 299 to get 14950000.
2990
Divide 14950000 by 5000 to get 2990.