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\frac{100\times \frac{1}{20}}{365}
Reduce the fraction \frac{5}{100} to lowest terms by extracting and canceling out 5.
\frac{\frac{100}{20}}{365}
Multiply 100 and \frac{1}{20} to get \frac{100}{20}.
\frac{5}{365}
Divide 100 by 20 to get 5.
\frac{1}{73}
Reduce the fraction \frac{5}{365} to lowest terms by extracting and canceling out 5.