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\frac{1040-9.23}{9.23}
Multiply 20 and 52 to get 1040.
\frac{1030.77}{9.23}
Subtract 9.23 from 1040 to get 1030.77.
\frac{103077}{923}
Expand \frac{1030.77}{9.23} by multiplying both numerator and the denominator by 100.
\frac{7929}{71}
Reduce the fraction \frac{103077}{923} to lowest terms by extracting and canceling out 13.