Step 1: Identify the number of decimal places

The decimal 12.9723 has 4 decimal places.

Step 2: Multiply by the appropriate power of 10

Multiply by 10⁴ = 10000 to eliminate the decimal point.

12.9723 × 10000 = 129723

Step 3: Write as a fraction

Step 4: Simplify the fraction

Find the greatest common divisor (GCD) of 129723 and 10000.

GCD(129723, 10000) = 1

Divide both the numerator and denominator by the GCD: