The fraction 1/20 is equal to 5.00% when expressed as a percentage. This common fraction appears in various everyday situations, like when describing a small portion of something or calculating simple probabilities. It's a useful fraction to remember, as it represents one-twentieth of a whole.
In practical terms, 1/20 or 5% is often used in finance, statistics, and general math problems. For example, a 5% discount on a purchase, a 1 in 20 chance of an event occurring, or a 5% increase in sales are all ways this fraction might be applied in real-world scenarios. Understanding the relationship between 1/20 and its percentage equivalent can help in quick mental math and problem-solving.
