Which is the Closest approximation to the product 0.3333 x 0.25 x 0.499 x 0.125 x 24 ?

Given product = 0.3 x 0.25 x 0.5 x 0.125 x 24
= (3/10 × 25/100 × 5/10 × 125/1000 × 24)
= 9/80
= 1/8 (Approximate)