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\frac{8300-4600}{4600}\times 1
Divide 100 by 100 to get 1.
\frac{3700}{4600}\times 1
Subtract 4600 from 8300 to get 3700.
\frac{37}{46}\times 1
Reduce the fraction \frac{3700}{4600} to lowest terms by extracting and canceling out 100.
\frac{37}{46}
Multiply \frac{37}{46} and 1 to get \frac{37}{46}.