-- Decimal: Divide it by 100.
-- Fraction: Read the decimal out loud ... "three thousandths" ...
and then quickly write down what you hear yourself say.
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.03, 3%, 3/100
Step 1: Take the percent and turn it into a decimal. If it is 20%, then .2 . If 25%, then .25 . If it is 3%, then you would write .03 . Step 2: Then multiply the decimal by the whole and you have your answer! ( If tax or a discount...) Step 3: subtract your difference by the original amount ( not the decimal) and You have your answer!
0.03 is a fraction. It is a fraction in decimal form rather than in the form of a ratio. However, that does not stop it being a fraction. Its equivalent, in rational form, is 3/100.
To find the decimal form of a percentage, divide the percentage by 100.0.03/100 = 0.0003
03 = 03/1. A poinltess exercise, but since you asked!