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\frac{12}{60-12}\times 1
Divide 100 by 100 to get 1.
\frac{12}{48}\times 1
Subtract 12 from 60 to get 48.
\frac{1}{4}\times 1
Reduce the fraction \frac{12}{48} to lowest terms by extracting and canceling out 12.
\frac{1}{4}
Multiply \frac{1}{4} and 1 to get \frac{1}{4}.