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because they both represent money.

All signify a part of a whole. percentages are based on 100 being 1 so 100% is 1 whole thing. 1 whole thing as a decimal is 1.00. fractions are parts of a whole too. 1 as a fraction would be 1/1, meaning 1 thing divided into 1 part. 1/2 is 1 things divided into 2 parts. to make a fraction into a decimal divide the bottom number into the top number so 1/2 would be .5 and moving the decimal point 2 places to the right would make it 50%

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