12 1/5×1/12

To solve this problem, we can convert the mixed number into an improper fraction:

12 1/5 = (12 * 5 + 1)/5 = 61/5

Now, we can multiply the fraction by another fraction:

61/5 * 1/12 = (61 * 1)/(5 * 12) = 61/60

Therefore, 12 1/5 * 1/12 equals 61/60.