$$\eqalign{
& {\text{As}}\,{\text{we}}\,{\text{know}},\,1\% = \frac{1}{{100}} \cr
& {\text{Hence}},\, \cr
& \frac{1}{2}\% = {\frac{1}{2} \times \frac{1}{{100}}} \cr
& \,\,\,\,\,\,\,\,\,\,\, = \frac{1}{{200}} \cr
& \,\,\,\,\,\,\,\,\,\,\, = 0.005 \cr} $$