Solution - Reducing fractions to their lowest terms

Reformatting the input :

Changes made to your input should not affect the solution:

(1): "1.066" was replaced by "(1066/1000)".

Step  1  :

            533
 Simplify   ———
            500

Equation at the end of step  1  :

       533
  4 -  ———
       500

Step  2  :

Rewriting the whole as an Equivalent Fraction :

 2.1   Subtracting a fraction from a whole

Rewrite the whole as a fraction using  500  as the denominator :

          4     4 • 500
     4 =  —  =  ———————
          1       500  

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:

 4 • 500 - (533)     1467
 ———————————————  =  ————
       500           500 

Final result :

  1467           
  ———— = 2.93400 
  500