1/47 as a percentage is 2.13%. This percentage is rounded to the nearest two decimal places for simplicity. The fraction 1/47 represents a small portion of a whole, just over 2 percent.
While 1/47 might not seem like much, it can be significant in certain contexts. For example, in a large group of people or a big dataset, 1/47 could represent a notable subset. In financial terms, a 2.13% return on investment or a 2.13% increase in sales could make a difference over time. It's always important to consider the context when dealing with fractions and percentages.
