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\frac{17}{100}\times \frac{1}{5}
Reduce the fraction \frac{20}{100} to lowest terms by extracting and canceling out 20.
\frac{17\times 1}{100\times 5}
Multiply \frac{17}{100} times \frac{1}{5} by multiplying numerator times numerator and denominator times denominator.
\frac{17}{500}
Do the multiplications in the fraction \frac{17\times 1}{100\times 5}.