Percent means out of a 100
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.6 percent is six tenths of one percent, or six in every thousand.
The original amount is doubled
percent means per 100. so 3 out of 100 is 3 percent.
Assuming you mean as a percentage of 1, 0.04 is equal to 4 percent.
1 is less than 5 or did you mean .05 percent or even .5 percent? then yes 1 is greater than those.