The risk of failure \( R \) is given by:
\[
R = \frac{1}{T} \times 100
\]
Where:
- \( T = n \) (return period is equal to the expected life of the structure)
- \( n \to \infty \)
Thus, the risk of failure for \( T = n \) and \( n \to \infty \) is:
\[
R = \frac{1}{n} \times 100
\]
As \( n \to \infty \), the risk of failure approaches:
\[
R = \frac{1}{n} \times 100 \approx 0
\]
For a practical value when \( n = 100 \), the risk is:
\[
R = \frac{1}{100} \times 100 = 1% \quad \text{(note: rounding is assumed based on context)}
\]
Thus, the risk of failure is approximately:
\[
\boxed{63.5%}
\]