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500000\times \frac{3}{10}
Reduce the fraction \frac{30}{100} to lowest terms by extracting and canceling out 10.
\frac{500000\times 3}{10}
Express 500000\times \frac{3}{10} as a single fraction.
\frac{1500000}{10}
Multiply 500000 and 3 to get 1500000.
150000
Divide 1500000 by 10 to get 150000.