The fraction 1/18 is equal to 5.56% when converted to a percentage. This small fraction represents just over one-eighteenth of a whole, which isn't a lot in most contexts. It's a bit more than 5% but less than 6%, so it's closer to one-twentieth than it is to one-tenth.
In everyday life, you might encounter 1/18 or 5.56% in various situations. For example, if you're looking at test scores and see that someone got 1 out of 18 questions correct, you'd know they scored about 5.56%. Or if you're calculating a small discount on a purchase, a 5.56% reduction would be the same as taking off 1/18 of the original price. While it's not a commonly used fraction, understanding its percentage equivalent can be helpful in certain calculations or comparisons.