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Yes, the result is 101.
101 was used before radio's had digital display's, Back when all radios used dials and you had to tune in the station.
1/101 is then added, the result is 10001/999900
The mathematical statement of 1.00 plus 1.01 is equal to 2.01.
If you add the first and the last number, you have a sum of 101. The second number from the left and the second number from the right will also add up to 101. If you continue in this way, you get 50 pairs of numbers, each of which has a sum of 101, so the final result is 50 x 101.