1/31 = ≈3.23%
Rounded to 2 decimal places.
A value like 1/31, or about 3.23%, can describe a small share of a group, such as one person out of 31 people choosing the same option. It can also represent a low chance of an event happening.
To picture it quickly, imagine 100 small squares with about 3 shaded in. That’s a little more than 3 out of every 100, or roughly 1 out of every 31.
One common point of confusion is treating 3.23% as exactly 3%. The difference is small, but it can matter when comparing close values or working with a large group.