1/48 as a percentage is 2.08%. This small fraction represents just over two percent of a whole. It's not a common percentage you'd encounter in everyday life, but it can be useful in certain situations.
You might see 1/48 or 2.08% in fields like finance, statistics, or manufacturing. For example, it could represent a tiny market share for a niche product or a small probability in a complex calculation. While it may seem insignificant, even small percentages can make a difference when dealing with large numbers or precise measurements.
