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\frac{3}{5}\times 500000
Reduce the fraction \frac{60}{100} to lowest terms by extracting and canceling out 20.
\frac{3\times 500000}{5}
Express \frac{3}{5}\times 500000 as a single fraction.
\frac{1500000}{5}
Multiply 3 and 500000 to get 1500000.
300000
Divide 1500000 by 5 to get 300000.