Answer: 1/50
Explanation:
Step 1: We need to multiply the numerator and denominator by 100 since there are 2 digits after the decimal.
0.02 = (0.02 × 100) / 100
= 2 / 100 [ since 0.02 × 100 = 2 ]
Step 2: Reduce the obtained fraction to the lowest term
Since 2 is the common factor of 2 and 100 so we divide both the numerator and denominator by 2.
2/100 = (2 ÷ 2) / (100 ÷ 2) = 1/50