Answer:
To multiply a number by 0.01 move the decimal point 2 places to the left.
Step-by-step explanation:
for example, lets multiply 5 by 0.01
5 x 0.01=0.05
originally, 5 in decimal form is 5.0
when it is multiplied by 0.01, the decimal point moves first from 5.0 to 0.5, then 0.5 to 0.05