What is 1/50 as a percentage? It’s 2.00%. This tiny fraction shows up in many everyday examples, like a 2 % discount on a small purchase or a 2 % chance of rain in a short forecast.
The fraction 1/50 means one part out of fifty equal parts. You can see it in measurements, such as 1 cm in a 50 cm ruler, or in budgeting where 1 unit of a 50‑unit allocation represents a small slice of the whole.
When we write the result as a percentage, we round it to two decimal places, giving 2.00%. This makes it easy to read and compare with other percentages in reports, charts, and simple calculations.