One hundredth of a second is called a centisecond, though the term is rarely used. It can also be expressed as 1 over 100, or 0.01.
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a jify
The one hundredth part of 1 metre is known as 1 centimetre.
sexet
Correct. When saying "one hundredth" that is the second number before the decimal (bolded): 0.00
The first is one tenth, the second is one hundredth, ten times less.