The fraction 1/58 is equal to 1.72% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, just shy of 2%. To put it in perspective, if you had a pizza cut into 58 slices, taking only one slice would give you about 1.72% of the entire pizza.
In everyday life, you might encounter this fraction or percentage in various situations. For example, if only one person out of a group of 58 people raised their hand to volunteer, that would be 1/58 or 1.72% of the group. Similarly, if you correctly answered only one question out of 58 on a test, your score would be around 1.72%. While this percentage is quite low, it's still more than zero and can sometimes make a difference in certain contexts.
