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\frac{101}{10100}-\frac{100}{10100}
Least common multiple of 100 and 101 is 10100. Convert \frac{1}{100} and \frac{1}{101} to fractions with denominator 10100.
\frac{101-100}{10100}
Since \frac{101}{10100} and \frac{100}{10100} have the same denominator, subtract them by subtracting their numerators.
\frac{1}{10100}
Subtract 100 from 101 to get 1.