The fraction 1/49 is equal to 2.04% when expressed as a percentage (rounded to two decimal places). This small percentage represents just over 2 parts out of 100, or about 1 part out of 50. It's a relatively tiny fraction, making up only a small portion of a whole.
In everyday life, you might encounter 1/49 or 2.04% in various situations. For example, it could represent the chance of a rare event occurring, a small discount on a purchase, or a minor increase in a statistic. While it may seem insignificant, even small percentages can add up over time or when dealing with large numbers.
