The fraction 1/20 is equal to 5.00% when expressed as a percentage. This common fraction represents one part out of twenty equal parts of a whole. It's a useful fraction to know, as it often comes up in everyday situations like calculating discounts or figuring out portions.
In practical terms, 1/20 or 5% is a small but significant amount. For example, if you're looking at a 5% discount on a purchase, it means you're saving $5 for every $100 spent. Or if you're considering a 5% raise at work, it would mean an extra $50 for every $1000 you currently earn. Understanding this fraction and its percentage equivalent can help you quickly estimate small portions or changes in various contexts.
