Solution - Reducing fractions to their lowest terms

Reformatting the input :

Changes made to your input should not affect the solution:

(1): "34.03" was replaced by "(3403/100)".

Step  1  :

            3403
 Simplify   ————
            100 

Equation at the end of step  1  :

  3403    
  ———— -  18
  100     

Step  2  :

Rewriting the whole as an Equivalent Fraction :

 2.1   Subtracting a whole from a fraction

Rewrite the whole as a fraction using  100  as the denominator :

          18     18 • 100
    18 =  ——  =  ————————
          1        100   

Equivalent fraction : The fraction thus generated looks different but has the same value as the whole

Common denominator : The equivalent fraction and the other fraction involved in the calculation share the same denominator

Adding fractions that have a common denominator :

 2.2       Adding up the two equivalent fractions
Add the two equivalent fractions which now have a common denominator

Combine the numerators together, put the sum or difference over the common denominator then reduce to lowest terms if possible:

 3403 - (18 • 100)     1603
 —————————————————  =  ————
        100            100 

Final result :

  1603            
  ———— = 16.03000 
  100