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101/10,000

A single percentage point represent 1/100th. So 1.01 percentage points is 1.01/100. Because we don't really want the decimal in the numerator, we multiply the fraction by 100/100 (which equals 1, so we're not changing the value.) The resulting fraction is 101/10,000

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Q: What is 1.01 percent in fraction form?
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