1/42 = ≈2.38%
Rounded to 2 decimal places.
A value of 2.38% might describe how often something happens in a group, such as a small share of customers choosing a particular option or a few items in a large batch being defective. It represents a small part of the whole, but it can still matter when the group is big.
To picture it quickly, think of about 2 or 3 people out of every 100. Another handy estimate is roughly 1 person out of 40, which is close to 1 out of 42.
A common point of confusion is treating 1/42 as “1/42 percent.” The fraction already describes a part of a whole, while the percentage is another way to express that same share.