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\frac{130000}{100}-\frac{7}{100}
Convert 1300 to fraction \frac{130000}{100}.
\frac{130000-7}{100}
Since \frac{130000}{100} and \frac{7}{100} have the same denominator, subtract them by subtracting their numerators.
\frac{129993}{100}
Subtract 7 from 130000 to get 129993.