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The first thing to do when converting a decimal to a fraction is to get rid of the decimal part. To do this we multiply it by a power of 10. In this case we would need to multiply by 100, so our starting point is 503/100

This is a top heavy fraction though, so it would be good to take off 100s from the top until we have a value left that is less than 100, we can do this 5 times to get:

5 and 3/100

As 3 and 100 do not have any common factors, this is the answer in its simplest form.

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13y ago

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