If the decimal point in a number is shifted two places to the left, the number becomes times of the original number.

The correct option is C $\frac{1}{100}$
When the decimal point in a number is shifted two places to the left, the number becomes $\frac{1}{100}$ times of the original number.

Example: $189.9\times \frac{1}{100}=1.899$
Here, 189.9 changes to 1.899.