Final answer:
To convert 5% to a fraction in lowest term, divide 5% by 100 and simplify the resulting fraction.
Step-by-step explanation:
To convert a percentage to a fraction, you divide the percentage by 100 and express it as a fraction with a denominator of 100. In this case, 5% divided by 100 equals 0.05. To express this as a fraction in lowest term, we can simplify it. The decimal 0.05 can be written as 5/100. Simplifying the fraction by dividing both the numerator and denominator by 5 gives us the lowest term, which is 1/20.
Learn more about Converting percentages to fractions