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Discover LudwigThe phrase "of a percent" is correct and commonly used in written English.
It is typically used to describe a small portion or fraction of a whole percentage. Example: "The annual inflation rate increased by only 0.2 of a percent, a much smaller increase than predicted."
Exact(59)
For one half of a percent of the profits.
"Vision is maybe one-tenth of a percent," Serrano said.
A basis point is one-hundredth of a percent.
A basis point is one-hundreth of a percent.
A basis point is equal to one-hundredth of a percent.
"Renewables have constituted only about a tenth of a percent," the report says.
Then this month Wal-Mart borrowed at three-quarters of a percent.
According to official results, he did so by less than a tenth of a percent.
In September, Microsoft paid seven-eighths of a percent on similar bonds.
But comparable German notes this week were yielding one one-hundredth of a percent.
The tax adds roughly one tenth of a percent to the price of oil.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com