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 have some interesting properties.
In practical terms, 1/36 or 2.78% could be used to describe odds in certain games or statistical probabilities. For example, when rolling two dice, the chance of getting any specific combination (like double sixes) is 1 in 36. While it's not a huge percentage, it's still significant enough that events with this probability do occur with some regularity in large samples or over time.