Scroll down to customize the precision point enabling 0.5043 to be broken down to a specific number of digits. The page also includes 2-3D graphical representations of 0.5043 as a fraction, the different types of fractions, and what type of fraction 0.5043 is when converted.
Pie chart representation of the fractional part of 0.5043
The level of precision are the number of digits to round to. Select a lower precision point below to break decimal 0.5043 down further in fraction form. The default precision point is 5.
If the last trailing digit is "5" you can use the "round half up" and "round half down" options to round that digit up or down when you change the precision point.
For example 0.875 with a precision point of 2 rounded half up = 88/100, rounded half down = 87/100.
0.5043 = 0 5043/10000
numerator/denominator = 5043/10000
A mixed number is made up of a whole number (whole numbers have no fractional or decimal part) and a proper fraction part (a fraction where the numerator (the top number) is less than the denominator (the bottom number). In this case the whole number value is empty and the proper fraction value is 5043/10000.
Not all decimals can be converted into a fraction. There are 3 basic types which include:
Terminating decimals have a limited number of digits after the decimal point.
1102.9914 = 1102 9914/10000
Recurring decimals have one or more repeating numbers after the decimal point which continue on infinitely.
Example: 5576.3333 = 5576 3333/10000 = 333/1000 = 33/100 = 1/3 (rounded)
Irrational decimals go on forever and never form a repeating pattern. This type of decimal cannot be expressed as a fraction.
You can also see the reverse conversion I.e. how fraction 5043/10000 is converted into a decimal.