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\frac{46.8}{40}
Multiply 58.5 and 0.8 to get 46.8.
\frac{468}{400}
Expand \frac{46.8}{40} by multiplying both numerator and the denominator by 10.
\frac{117}{100}
Reduce the fraction \frac{468}{400} to lowest terms by extracting and canceling out 4.