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One-hundredth or 1/100 is a fraction that represents a part of a whole. For example if you have 1 dollar and the dollar is worth 100 pennies, then:

1/100 of 1 dollar = .01 * 1$ = .01 dollar
1/100 of 100 pennies = .01 * 100 = 1 penny

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Q: What do you call one hundredth?
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