1/60 as a percentage is 1.67%. This tiny slice of a whole is easy to picture: imagine a pizza cut into 60 equal pieces and you take just one. In everyday life you’ll see this kind of tiny percent when measuring very small changes, like a slight increase in interest rates or a tiny part of a budget.
The fraction 1/60 itself is a simple way to show a very small part of something larger. It’s often used in math problems that deal with time, such as “one minute out of an hour” (since there are 60 minutes in an hour). Thinking of it as a percentage helps when you need to compare it with other percentages quickly.
Because we round to two decimal places, the percentage is shown as 1.67% instead of a longer decimal like 1.666…%. This rounding makes the number easier to read and use in reports, spreadsheets, or casual conversation.