1/31 as a percentage is 3.23%. This tiny fraction shows up in many everyday situations, like a small share of a budget or a tiny slice of a pie chart. Even though it’s a low number, it’s useful for quick estimates.
When you see 1/31 written out, think of it as a part of a larger whole split into 31 equal pieces. One of those pieces is just over three percent of the total. That makes it easy to compare with other percentages you might encounter, such as 5% or 10%.
Because the value is rounded to two decimal places, the figure stays clear and simple. In reports or presentations, using 3.23% helps keep the data concise while still being accurate enough for most practical purposes.