It does not. For example, in a third.
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A percent is a fraction that always has 100 as the denominator (bottom number). So 14% is 14/100 or 0.14.
An Improper Fraction is a fraction that has a top number greater or equal to the bottom number. It implies that numerator > denominator. 5.32 can be written as an improper fraction as: = (5.32 × 100) / (1 × 100) = 532 / 100.
A percentage is a number out of 100. For example, 40% is 40 out of 100, so it can be written as a fraction 40/100. This can then be simplified to 4/10 by dividing the top and bottom of the fraction by 10. Then simplifed to 2/5 by dividing the top and the bottom of the fraction by 2. So 40% as a fraction is 2/5
Any real number can be the denominator in a fraction. A fraction is a way of expressing one number (the numerator, the "top" number in a fraction) by another (the denominator, "bottom number.") So it is possible to have a denominator of 100.
84/100 or 84% or 0.84 the rule with manipulating fraction is "do the same to top and bottom" but if you just want to get a fraction with a denominator of 100 them just use a calculator since it'll give youa decimal fraction which is basically what fraction over 100 are.