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\frac{500\times 100}{30}
Divide 500 by \frac{30}{100} by multiplying 500 by the reciprocal of \frac{30}{100}.
\frac{50000}{30}
Multiply 500 and 100 to get 50000.
\frac{5000}{3}
Reduce the fraction \frac{50000}{30} to lowest terms by extracting and canceling out 10.