The fraction 1/45 is equal to 2.22% when expressed as a percentage. This small fraction represents just over 2% of a whole, which means it's a relatively small portion. To put it in perspective, if you had a pizza cut into 45 slices, taking just one slice would be equivalent to this fraction.
In everyday life, you might encounter 1/45 or 2.22% in various situations. For example, if you're looking at sales data and see that 1 out of every 45 customers makes a certain choice, that's this fraction at work. Or if you're reviewing your monthly budget and notice that 2.22% of your income goes towards a particular expense, that's another way you might come across this percentage in practical terms.