they are almost the same but 1/3 is 331/3 percent of 33.3333333333...
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1 over 3, .33 with a vinculum, or 33 and 1 third percent.
If we add 33 percent three times, we get 99 percent (33% + 33% + 33% = 99%). To reach 100 percent, we need to add the remaining 1 percent. Mathematically, this would be expressed as 33% + 33% + 33% + 1% = 100%.
33 percent is precisely 33/100, but for most practical purposes it's about, but not exactly, 1/3rd.
33% of 1,000,000,000= 33% * 1000000000= 0.33 * 1000000000= 330,000,000
One third of a percent: So let us agree that a percent = 1%. One third of 1% is .33%. In decimals, because 1%=.01, .33% will equal .0033.