To determine this in a very fast and efficient way, divide the numerator by the denominator.
904 / 100 = 9.04
Now since we have our hundredths place as 4, divide 100 by 4 to find the fraction (0.04 is the rate).
100 / 4 = 25.
For every 0.04 we gain, we gain 1/25.
D.) 9 1/25 is your answer.
I hope this helps!