It's the monetary units of 60.
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60 cents is 0.60
Not 6 cents but 60 cents. 0.060 is 6 cents.
60 cents of a dollar is equivalent to 60/100 or 3/5 when expressed as a fraction. This is because there are 100 cents in a dollar, so 60 cents is 60/100 or simplified to 3/5. This fraction represents three parts out of five equal parts of a whole dollar.
.6/4*100 = 15%
The total 60 cents can be made with 1 quarter, 3 dimes, and 1 nickel (25+30+5).