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8500-\frac{11}{50}
Reduce the fraction \frac{22}{100} to lowest terms by extracting and canceling out 2.
\frac{425000}{50}-\frac{11}{50}
Convert 8500 to fraction \frac{425000}{50}.
\frac{425000-11}{50}
Since \frac{425000}{50} and \frac{11}{50} have the same denominator, subtract them by subtracting their numerators.
\frac{424989}{50}
Subtract 11 from 425000 to get 424989.