
David W. answered 10/12/16
Tutor
4.7
(90)
Experienced Prof
% means "per hundred" [remember 100 cents in a dollar]
So, 2 1/2% means ( 2 1/2)/100.
(2 1/2)/100 = (5/2)/100 [convert 2 1/2 to improper fraction 5/2]
= (5/2)*(1/100) [to divide by fraction 100/1, invert to 1/100 and multiply]
= 5/200 [multiply numerators and multiply denominators]
= 1/40 [reduce]