4/12 times 3/12 equals what

 4                3              12

----     X      ----  =        ----

12               12             144

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2                2                 4

----    X      ----   =         ----

12              12              144

&&&&&&&&&&&&&&&&&&&&&&&&&&

For fractions, multiply the denominator(X) by denominator(Y) = new denoinator;  and numerator (X) by numerator(Y) = new numerator!

what is the percent for both of them