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1000+\frac{23}{20}
Multiply 500 and 2 to get 1000.
\frac{20000}{20}+\frac{23}{20}
Convert 1000 to fraction \frac{20000}{20}.
\frac{20000+23}{20}
Since \frac{20000}{20} and \frac{23}{20} have the same denominator, add them by adding their numerators.
\frac{20023}{20}
Add 20000 and 23 to get 20023.