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Which decimal fraction represents the hundredths place?

  1. 0.0001

  2. 0.001

  3. 0.01

  4. 0.1

The correct answer is: 0.01

The hundredths place in a decimal is two places to the right of the decimal point. In the given options, 0.01 is the only number that has a digit in the hundredths place. Option A, 0.0001, is in the ten-thousandths place. Option B, 0.001, is in the thousandths place. Option D, 0.1, is in the tenths place. Therefore, the correct answer is C, 0.01, because it is the only option that represents the hundredths place.