#### Answer

$\frac{807}{2000}$

#### Work Step by Step

Create a fraction using the percent as the numerator and 100 as the denominator. Reduce if possible.
$40\frac{7}{20}\%=40.35\%=\frac{40.35}{100}=\frac{4035}{10000}=\frac{4035\div5}{10000\div5}=\frac{807}{2000}$