#### Answer

False

#### Work Step by Step

$\frac{1}{100}=\frac{p}{100}$
We can take the cross products to solve for p.
$1\times100=100\times p$
$100=100p$
Divide both sides by 100.
$\frac{100}{100}=\frac{100p}{100}$
$p=1$
Therefore, $\frac{1}{100}$=1%$\ne$10%.