When you look at the fraction 1/60, you might wonder how it appears as a percentage. The answer is 1.67% (rounded to two decimal places). This tiny number shows just how small a part of a whole 1/60 really is.
The fraction 1/60 often pops up in everyday situations. For example, there are 60 seconds in a minute, so 1/60 of a minute is exactly one second. In finance, a 1/60 interest rate would be a very low daily rate, translating to about 1.67% if you wanted to see it as a percent of the whole.
Knowing the percentage makes it easier to compare with other numbers. Whether you’re working with time, rates, or probabilities, seeing 1.67% lets you quickly gauge the size of the fraction without doing the math each time. It’s a handy shortcut for quick estimates.
