Yes. If we just look at the hundredths place and compare, .05 is clearly greater than .01
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1 > 0.051 < 55 = 051 < 05
It's greater than 5 and 75
It is: 0.2 because .01 is less than .05
It isn't. But if there is a decimal point, and you actually mean 0.5 or .05, then this number is indeed less than 5, because the digit five is in a lower-value position.
It is: 5.6 because .02 is less than .05