You can't multiply 7 to get 100. (100 is one dollar in pennies.)
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1 dollar = 100 cents.Therefore 7 cents/1 dollar = 7 cents/100 cents = 7/100.
7 cents
a dollar and 95 cents
A Quarter, a Nickel and 7 Dimes: 1 × 25 cents + 1 × 5 cents + 7 × 10 cents = 100 cents = 1 dollar.
A nickel is 5 cents and a dollar is 100 cents, so a nickel is 5/100 or 5% of a dollar.