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\frac{1}{100}=\frac{x}{1}
Divide both sides by 100.
\frac{1}{100}\times 1=x
Multiply both sides by 1.
\frac{1}{100}=x
Multiply \frac{1}{100} and 1 to get \frac{1}{100}.
x=\frac{1}{100}
Swap sides so that all variable terms are on the left hand side.