2. What is half of 1.01 ?
A 5.5
B 0.55
C 0.505
D 0.5005
E 0.055
Solution: $\mathbf{C}$
We obtain half of 1.01 by dividing 1.01 by 2 . We can do this as a long division sum:

Alternatively, we can use fractions:
$1.01=1+\frac{1}{100}$. So half of 1.01 is $\frac{1}{2}+\frac{1}{200}=0.5+0.005=0.505$