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\frac{1}{50}\times 40
Reduce the fraction \frac{2}{100} to lowest terms by extracting and canceling out 2.
\frac{40}{50}
Multiply \frac{1}{50} and 40 to get \frac{40}{50}.
\frac{4}{5}
Reduce the fraction \frac{40}{50} to lowest terms by extracting and canceling out 10.