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\frac{700\times 100}{30}
Divide 700 by \frac{30}{100} by multiplying 700 by the reciprocal of \frac{30}{100}.
\frac{70000}{30}
Multiply 700 and 100 to get 70000.
\frac{7000}{3}
Reduce the fraction \frac{70000}{30} to lowest terms by extracting and canceling out 10.