Is 40/1000 equivalent to 40%

No. 40/1000 is 4%. 40/100 is actually 40 percent.

Step-by-step explanation:

all the denominators share the number 48

1/3 of 48 is 16 so that would now be 16/48

1/6 of 48 is 8 so that would now be 8/48

1/8 of 48 is 6 so that would now be 6/48

                                                        +

                                                       30/48    =   5/8