Yes, the equivalent decimal to 0.7 is indeed 7/10, not 7/100. To convert a decimal to a fraction, you can simply write the decimal as the numerator and place it over the place value of the last digit. In this case, the decimal 0.7 is equivalent to the fraction 7/10.
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To divide 0.7 by 100, you can simply move the decimal point two places to the left in the numerator, making it 0.007. This is because dividing by 100 is equivalent to multiplying by 0.01. Therefore, 0.7 ÷ 100 = 0.007.
.07
7/100
Look at the third decimal place. If it is under 5 (as it is in this case), it rounds to .07. If the third decimal place was 5 or higher, it would round to .08.
0.07