One hundredth, or one cent.
Example:
1.00 is one dollar, or one (1)
0.10 is one dime, or one tenth (1/10)
0.01 is one penny, or one hundredth (1/100)
0.25 is one quarter, or one fourth (1/4)
0.05 is one nickel, or one twentieth (1/20)
0.01
A penny represents .01 in a decimal amount relating to a dollar.
$0.01
$0.01
.01
The decimal $0.01 show's that one penny is one hundredth of a dollar.
0.01
A penny represents .01 in a decimal amount relating to a dollar.
$0.01
$0.01
.01
0.01
0.05
0.89
.25
1 penny is 1 /100 of one dollar or 1% of one dollar
.05