We don't call it "point two," we call it by it's fraction name, 2/10 (two tenths). This is a fraction that can be simplified since both 2 and 10 are divisible by 2. So, .2 is the same thing as 1/5.
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2%= .02 or 2/100
0.2 is 1/5 as a fraction in its simplest form
.2=2/10=1/5 as a reduced fraction.
It is equivalent to 2/100 or 1/50 as a fraction in its simplest form
2% = 0.02 in decimal = 2/100 or 1/50 in fraction