Generally If we are about to divide an amount into 4 equal parts, then we can call it as one -fourth or each part as a fourth, In case if the same amount is divided into 10 equal parts then it is called as one-tenth or anything similar to that, if the same amount is divided into 100 equal parts then it is called as one-hundredth, or one part in every hundred, is also termed as a percentage, that is 1 / 100.