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No - expressed as a decimal, 55/1000 is equal to 0.055. Expressed as a decimal, 55/100 is equal to 0.55. Therefore, 0.55 or 55/100 is a lot more than 55/1000. You could also reduce 55/100 to 11/20 which is equal to 55%. 55/1000 is equal to 11/200 which is equal to 5.5%

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Q: Does fifty-five thousandths and fifty-five hundredths have the same value?
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