1/50 as a percentage is 2.00%. This fraction represents one part out of fifty equal parts of a whole. It's a small portion, but still significant enough to be noticeable in many contexts.
You might encounter 1/50 or 2% in various real-world situations. For example, a 2% sales tax on a purchase, a 2% raise in your salary, or a 2% chance of winning a contest. While it may seem like a small number, it can make a difference when dealing with large quantities or repeated occurrences.
