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\frac{15}{100}\times 1
Divide 100 by 100 to get 1.
\frac{3}{20}\times 1
Reduce the fraction \frac{15}{100} to lowest terms by extracting and canceling out 5.
\frac{3}{20}
Multiply \frac{3}{20} and 1 to get \frac{3}{20}.