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\frac{2}{100}+\frac{1}{100}
Least common multiple of 50 and 100 is 100. Convert \frac{1}{50} and \frac{1}{100} to fractions with denominator 100.
\frac{2+1}{100}
Since \frac{2}{100} and \frac{1}{100} have the same denominator, add them by adding their numerators.
\frac{3}{100}
Add 2 and 1 to get 3.