If you mean 50/100 then it is 1/2
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fifty thousand one hundred
1/2
If you mean: 50/100 and 5/10 then they are equivalent fractions or 1/2 in its simplest form
Nobody is lowest term. "Lowest term" is a mathematical expression, not a person!
The lowest multiple of 3 and 8 is 3. This is not the lowest common multiple.