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\frac{4}{5}\times 1500000
Reduce the fraction \frac{80}{100} to lowest terms by extracting and canceling out 20.
\frac{4\times 1500000}{5}
Express \frac{4}{5}\times 1500000 as a single fraction.
\frac{6000000}{5}
Multiply 4 and 1500000 to get 6000000.
1200000
Divide 6000000 by 5 to get 1200000.