1/49 = ≈2.04%
Rounded to 2 decimal places.
A value like 1/49, or 2.04%, might describe how often something happens in a large group, such as a small share of products needing repairs. It is a very small portion, but it can still matter when the group is large.
To picture it quickly, imagine 100 small squares with about 2 shaded in. You can also think of it as roughly one person or item out of every 49.
A common mix-up is treating 2.04% as exactly 2%; it is close, but a little higher. It also means about 2 out of 100, not 2 out of 49.