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Financial math

8% can be written as the following decimal and fraction

a.) 0.8, 80/100
b.) 0.8, 8/10
c.) 0.008 , 8/100

1 Answer

3 votes

Answer:

d) 0.08, 8/100

Explanation:

Here is the correct question: Financial maths ;

8% can be written as the following decimal and fraction

a.) 0.8, 80/100

b.) 0.8, 8/10

c.) 0.008 , 8/100

d.) 0.08, 8/100

Percentage (%) is a representation for fraction of hundred.

∴ if it is given 8%, it means 8 upon 100

=
(8)/(100) = 0.08

Answer is 0.08 in decimal and
(8)/(100) in fraction.

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