what is 1/100 of a dollar?

Penny

Divide:

1/100 = ?

A dollar contains 100 of which coin?

To determine 1/100 of a dollar, you need to divide 1 by 100. Since 1 dollar is equivalent to 100 cents, finding 1/100 of a dollar gives you the value of 1 cent. Therefore, 1/100 of a dollar is equal to $0.01 or 1 cent.