The fraction 1/31 is equal to 3.23% when expressed as a percentage (rounded to two decimal places). This small percentage represents just over 3 parts out of 100, or about 1 part out of every 31. It's a relatively low value that you might encounter in various real-world situations, such as probability calculations or certain financial contexts.
While 1/31 may seem like an uncommon fraction, it can pop up in unexpected places. For instance, it could represent the chance of rolling a specific number on a 31-sided die, or the portion of a month that a single day occupies (in most months). Understanding how fractions relate to percentages helps in interpreting data and making quick mental calculations in everyday life.
