1/4 of 1%, when expressed as a decimal, is equal to 0.0025
A percentage is a ratio with the second part always equal to 100. It represents parts per hundred.
We have been given 1%.
We replace percentage in fraction, and then fraction to decimal.
1% = 1/100 = 0.01
Now, we need to calculate 1/4th of this value, that is, 0.25 multiplied by the above value,
= 0.25 * 0.01 = 0.0025
So, our answer is 0.0025.
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