a dime
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it is one tenth of a dollar
The dime, or ten-cent piece, represents one-tenth of one dollar.
Well think about this, would you rather have one tenth of a dollar or one one hundredth of a dollar? In other words YES
A cent is one hundredth of a dollar (in fact, the word "cent" is from a Latin word meaning "hundred"). So no, one tenth of a penny is not one hundredth of a dollar. (It is actually one thousandth of a dollar.)
in U.S. money, 1/10 of a dollar is ten cents (a dime).