It depends on where the decimal point is.
.003 is 3/1000.
0.03 is 3/100.
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0.003%= 0.00003 in decimal= 3/100000 in fraction
3 over 1000 as a fraction. 0.3% as a percent.
Oh, dude, you're really making me work here. So, like, technically speaking, .003 in word form would be "three thousandths." But like, who even says that? Just stick with .003, it's way easier to say.
It is 0.3%.
003 = 3 and in word form it is "three". There is no such thing as a decimal word!