The question:
> 
> How can I write statements that returns a decimal?
> 
> 
billing=# select 1/100;
 ?column?
----------
        0
(1 row)

As you said ...

So make everything decimal:
billing=# select 1.0/100.0;
        ?column?
------------------------
 0.01000000000000000000

Or:
billing=# select 1::decimal/100::decimal;
        ?column?
------------------------
 0.01000000000000000000

I think that when you use integers you lose precision right out the gate. 
Others can provide better insight I hope ...

HTH,

Greg Williamson
Senior DBA
GlobeXplorer LLC, a DigitalGlobe company

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