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450\times \frac{25}{100}
Subtract 50 from 500 to get 450.
450\times \frac{1}{4}
Reduce the fraction \frac{25}{100} to lowest terms by extracting and canceling out 25.
\frac{450}{4}
Multiply 450 and \frac{1}{4} to get \frac{450}{4}.
\frac{225}{2}
Reduce the fraction \frac{450}{4} to lowest terms by extracting and canceling out 2.