Question

the value of a certain stock increased by 1 and (1/4)%. Explain how to write 1 1/4 percent as a fraction in simplest form

Answer 1

Answer

1.25% expressed in fractions is (1/80).

Explanation

We need to express

$1\frac{1}{4}\text{ percent in fractions}$

1 (1/4)% = 1.25%

1.25% = (1.25/100)

$\begin{gathered} \frac{1.25}{100} \\ \text{Multiply numerator and denominator by 100} \\ \frac{1.25}{100}=\frac{125}{10000} \\ \text{Divide numerator and denominator by 125} \\ \frac{125}{10000}=\frac{1}{80} \end{gathered}$

Hence, 1.25% expressed in fractions is (1/80).

Hope this Helps!!!