Well, I'm going to assume that you meant .01, which would be 1/100.
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As a fraction the decimal number .01 is 1/100
.01
1/100
1% = .01 = 1/100
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 dollar1/100 of 100 pennies = .01 * 100 = 1 penny