The fraction 1/36 is equal to 2.78% when converted to a percentage. This small percentage represents a tiny portion of a whole, just under 3%. It's not a common fraction you'd encounter in everyday life, but it does pop up in certain situations.
For example, in some board games, rolling a specific number on two dice has a 1/36 chance of happening. In statistics, 1/36 might represent the probability of a rare event occurring. While 2.78% might seem insignificant, it can be meaningful in contexts where precision matters, such as in scientific calculations or financial analysis.