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one percent of ten and one fourth = 0.1025
one fourth = 1/4 = 0.25 in decimal
ten and one fourth = 10 1/4 = 10.25 in decimal
1% of 10.25
= 1% * 10.25
= 1%/100% * 10.25
= 0.01 * 10.25
= 0.1025
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