0.16% = 16/10000 = 1/6250.16% = 16/10000 = 1/6250.16% = 16/10000 = 1/6250.16% = 16/10000 = 1/625
625
Yes, it does; 625 times. It is counterintuitive, isn't it?
16% of 10000 = 10000*16/100 = 1600 dollars
One Thousand and Six Hundred
The binary representation of 16 is "10000" in base two.
16
10000/16
16 = 10000
9375/10000 = 15/16
0.16%
16 (decimal) = 10000 (binary).