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\frac{7000}{50\times 30}
Express \frac{\frac{7000}{50}}{30} as a single fraction.
\frac{7000}{1500}
Multiply 50 and 30 to get 1500.
\frac{14}{3}
Reduce the fraction \frac{7000}{1500} to lowest terms by extracting and canceling out 500.