Which of the following fractions is the equivalent of 5%?
Solution
Correct Answer: Option B
To change percent into fraction, take out the percent symbol and divide it by 100. So, 0.5% becomes 0.5/100 Now, move the decimal place to the right in the numerator and the denominator until you have rid the fraction of decimals. So, 0.5/100 becomes 5/1000 The number of times you move the decimal place in the numerator is equal to the number of zeros you add in the denominator. Then reduce: 5/1000 = 1/200 (divide both numerator and denominator by common factor 5)
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