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\frac{83.56}{100\times 365}\times 100
Express \frac{\frac{83.56}{100}}{365} as a single fraction.
\frac{83.56}{36500}\times 100
Multiply 100 and 365 to get 36500.
\frac{8356}{3650000}\times 100
Expand \frac{83.56}{36500} by multiplying both numerator and the denominator by 100.
\frac{2089}{912500}\times 100
Reduce the fraction \frac{8356}{3650000} to lowest terms by extracting and canceling out 4.
\frac{2089\times 100}{912500}
Express \frac{2089}{912500}\times 100 as a single fraction.
\frac{208900}{912500}
Multiply 2089 and 100 to get 208900.
\frac{2089}{9125}
Reduce the fraction \frac{208900}{912500} to lowest terms by extracting and canceling out 100.