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Is that a comma or a decimal point after 1.? If it's a comma: Eight thousand and one, one hundred and sixty three. If it's a decimal: Eight hundred and one point one hundred and sixty three (one, six, three).
1/100000 = .00001
One hundred hundredths is simply 100/100 which is 1.
One and one hundredth as a decimal is written as 1.01
It is: 1/9 = 0.1111... recurring as a decimal