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61000\left(1-\frac{3}{25}\right)
Reduce the fraction \frac{12}{100} to lowest terms by extracting and canceling out 4.
61000\left(\frac{25}{25}-\frac{3}{25}\right)
Convert 1 to fraction \frac{25}{25}.
61000\times \frac{25-3}{25}
Since \frac{25}{25} and \frac{3}{25} have the same denominator, subtract them by subtracting their numerators.
61000\times \frac{22}{25}
Subtract 3 from 25 to get 22.
\frac{61000\times 22}{25}
Express 61000\times \frac{22}{25} as a single fraction.
\frac{1342000}{25}
Multiply 61000 and 22 to get 1342000.
53680
Divide 1342000 by 25 to get 53680.