0.03 as a Fraction
What is 0.03 as a Fraction?
The decimal number 0.03 can be written as a fraction in its simplest form as:
0.03 = 3/100
To convert a decimal to a fraction, we can divide the decimal by 10 raised to the power of the number of decimal places. In this case, we have 2 decimal places, so we divide 0.03 by 10^2:
0.03 ÷ 10^2 = 0.03 ÷ 100 = 3/100
Simplifying the Fraction
The fraction 3/100 is already in its simplest form, as both the numerator and denominator are prime numbers and have no common factors.
Equivalent Fractions
If we multiply both the numerator and denominator of the fraction 3/100 by the same integer, we can find equivalent fractions. For example:
3/100 = 6/200 = 9/300
These fractions are equivalent, as they represent the same decimal value, 0.03.
Real-World Applications
Understanding decimals as fractions is crucial in various real-world applications, such as:
- Finance: Decimals are used to represent interest rates, investment returns, and currency exchange rates.
- Science: Decimals are used to represent measurements, such as lengths, masses, and temperatures.
- Cooking: Decimals are used to represent proportions of ingredients in recipes.
In conclusion, 0.03 as a fraction is 3/100, which is a simple and essential concept to understand in various aspects of life.