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\frac{85\times 100}{12}
Divide 85 by \frac{12}{100} by multiplying 85 by the reciprocal of \frac{12}{100}.
\frac{8500}{12}
Multiply 85 and 100 to get 8500.
\frac{2125}{3}
Reduce the fraction \frac{8500}{12} to lowest terms by extracting and canceling out 4.