The statement that the product of a number multiplied by 0.1 is 10 times as much as multiplying the same number by 0.01 is true
The analysis of the statement is as follows;
Let x represent the number, we get;
x × 0.1 = 10 × x × 0.01
10 × 0.01 = 0.1
Therefore, x × 0.1 = 0.1 × x
The statement is therefore true
The statement can also be proven using the location of the decimal point in 0.1 and 0.01, which indicates that the location of the number 1 in the decimal 0.1 is in the tenth place and the location of 1 in the decimal 0.01 is in the hundredth position, therefore, 0.1 is equivalent to the product between 10 and 0.01