The fraction 1/100 is equal to 1.00% when expressed as a percentage. This small fraction represents one part out of a hundred, which is a common way to think about percentages. It's often used in everyday situations, like calculating discounts or interest rates.
In practical terms, 1/100 or 1.00% is a very small amount. For example, if you have 100 dollars and take 1/100 of it, you'd end up with just 1 dollar. This fraction is useful for precise measurements or calculations where even tiny changes matter. It's also a handy reference point when dealing with larger percentages, as it's easy to multiply or compare against.
