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i dont understand! i tried a few ways none worked!

3women sell hats at a craft fair weekly. the money they make at the fair is split into categories. 9% goes to pay taxes. $55 goes to pay rent for the space they sell in. the rest is split between the women. if the group make $706 at the fair, how much does each women get paid once the money is divided

Write the standard form of an equation with (see picture below)

How do you write 0.5% as a fraction