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\frac{1201}{9603}\times 100
Expand \frac{12.01}{96.03} by multiplying both numerator and the denominator by 100.
\frac{1201\times 100}{9603}
Express \frac{1201}{9603}\times 100 as a single fraction.
\frac{120100}{9603}
Multiply 1201 and 100 to get 120100.