Final answer:
40% of a value represented as a fraction is 2/5, which is obtained by simplifying the fraction 40/100.
Step-by-step explanation:
If 40% of Scott's paycheck is spent on sports-related items, we need to express this percentage as a fraction. We know that 40% is equivalent to 40 out of 100, or 40/100. This fraction can be simplified by dividing both the numerator and denominator by the greatest common factor, which in this case is 20. Therefore, 40/100 simplifies to 2/5. Hence, the fraction of his paycheck that is spent on sports-related items is 2/5.