5%
One quarter percent = 0.0025
It is a quarter of a percent
25% of one quarter is 0.0625
.0025
0.0025
One and one quarter
One percent would be one hundredth of an amount, or the amount times .01. One quarter of that would be the amount times .0025.
25% is one-quarter, one-quarter of 60 is 15. Next?
0.0625
one quarter
20%