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100-\frac{2}{5}
Reduce the fraction \frac{40}{100} to lowest terms by extracting and canceling out 20.
\frac{500}{5}-\frac{2}{5}
Convert 100 to fraction \frac{500}{5}.
\frac{500-2}{5}
Since \frac{500}{5} and \frac{2}{5} have the same denominator, subtract them by subtracting their numerators.
\frac{498}{5}
Subtract 2 from 500 to get 498.