Let's first convert 976.67 from decimal to fraction.
We know 976.67×100=97,667. As division is just the opposite of multiplication, we can write 97,667÷100=976.67.
Hence,
976.67÷1,000
=(97,667÷100)÷1,000
(Replcaing 976.67 by 97,667÷100)
=97,667100÷1,000
=97,667100÷1,0001
=97,667100×11,000
(As division is just the opposite of multiplication)
=97,667×1100×1,000
=97,667100,000
=97,667÷100,000
=97,667.0÷105
=.976670
(Dividing 97,667.0 by 105 moves the decimal point 5 units to the left)
=0.97667