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\frac{701662.5}{1000}
Multiply 62500 and 11.2266 to get 701662.5.
\frac{7016625}{10000}
Expand \frac{701662.5}{1000} by multiplying both numerator and the denominator by 10.
\frac{56133}{80}
Reduce the fraction \frac{7016625}{10000} to lowest terms by extracting and canceling out 125.