Hundredth

One hundredth is one of 100 equal parts of a whole or a group. One hundredth may be written as or as 0.01.

Examples
One penny or cent is equal to one hundredth of a dollar. The unit, or cube, in the image below, is one hundredth of the flat.
In ordinal numbers, hundredth is next after ninety-ninth.

Hundredths

Similarly, the term "hundredths" in the decimal numeration system is the name of the next place to the right of the tenths. In the number 2.98, 8 is in the hundredths place, as shown in the image below.

See also decimal numeration system, ordinal number.