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484505\times \frac{4}{100}
Subtract 15495 from 500000 to get 484505.
484505\times \frac{1}{25}
Reduce the fraction \frac{4}{100} to lowest terms by extracting and canceling out 4.
\frac{484505}{25}
Multiply 484505 and \frac{1}{25} to get \frac{484505}{25}.
\frac{96901}{5}
Reduce the fraction \frac{484505}{25} to lowest terms by extracting and canceling out 5.