Answer
$$\frac{8x^4}{y^2}$$
Work Step by Step
Using the rules of exponents and cancelling common factors in the numerator and the denominator, we find:
$$\frac{48x^5}{y}\cdot \frac{x^2y}{6x^3y^2}\\ \frac{1}{6xy}\cdot \frac{48x^5}{y}\\ \frac{48x^5}{6xy^2}\\ \frac{8x^4}{y^2}$$