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A third percent, meaning .33%, of 100 = .33 or (1/3)
The fraction of 1 over 3 is more usually called a third; as a percent it is approximately 33%, or more precisely, 33 and a third percent.
33.33% repeating.
1/100 * 1/3 = 1/300
33.3% = 333⁄1000