One quarter percent = 0.0025
It is a quarter of a percent
25% of one quarter is 0.0625
.0025
25%
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%