This can be solved in two (or three) steps.
1. Convert each of the fraction to an improper fraction.
2. Multiply the numerators - put the answer into the numerator of the result. Similar with the denominators.
3. Simplify the result. (You can also simplify before doing the actual multiplication).
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No.
0.9083333
Yes, four fifths is 80% and three fourths would be 75%.
Yes.
4/5 x 6 3/4 is 5 2/5