The fraction "1/200" represents one part out of a total of two hundred equal parts. It is a way to express a small quantity in relation to a larger whole. For example, if you have 200 pieces of candy, taking 1/200 means you would have just one piece. In decimal form, "1/200" is equal to 0.005. This means that if you divide one by two hundred, the result is 0.005. This fraction can be useful in various contexts, such as calculating percentages or understanding ratios in fields like finance or science.