Answer:
\(\frac{1}{80}\)
Step-by-step explanation:
We are given that the value of a certain stock increased by \(1\frac{1}{4}\)%.
We have to find the value of \(1\frac{1}{4}\)%. in fraction in simplest form.
We know that when percentage convert into a number then given percentage value divide by 100.
Using this rule
\(1\frac{1}{4}\)%=\(\frac{5}{4}\)%
\(\frac{5}{4}\)%=\(\frac{5}{4\times 100}=\frac{1}{80}\)
Hence, the fraction value in simplest form of \(1\frac{1}{4}\)%=\(\frac{1}{80}\)
