The fraction of the philanthropist's savings donated = 23/50
The percentage of the savings that the philanthropist wants to donate = 46%
Percentages can be converted to fractions by dividing by 100 and reducing the resulting fraction to the lowest term.
The reduction to the lowest term is done by dividing both the numerator and denominator by the same value
The fraction of the philanthropist's savings donated = 46/100
Reduce the fraction to the lowest term by dividing the numerator and denominator by 2
The reduced fraction becomes
[tex] \frac{46 \:\div2}{100 \:\div2} [/tex]
The fraction of the philanthropist's savings donated = 23/50
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