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\frac{62.23}{8\times 2}
Express \frac{\frac{62.23}{8}}{2} as a single fraction.
\frac{62.23}{16}
Multiply 8 and 2 to get 16.
\frac{6223}{1600}
Expand \frac{62.23}{16} by multiplying both numerator and the denominator by 100.