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\frac{17500+31750-\left(100-10^{2}\right)}{10000}
Multiply 700 and 25 to get 17500. Multiply 635 and 50 to get 31750.
\frac{49250-\left(100-10^{2}\right)}{10000}
Add 17500 and 31750 to get 49250.
\frac{49250-\left(100-100\right)}{10000}
Calculate 10 to the power of 2 and get 100.
\frac{49250-0}{10000}
Subtract 100 from 100 to get 0.
\frac{49250}{10000}
Subtract 0 from 49250 to get 49250.
\frac{197}{40}
Reduce the fraction \frac{49250}{10000} to lowest terms by extracting and canceling out 250.