1/60 = ≈1.67%
Rounded to 2 decimal places.
A value of 1/60, or about 1.67%, shows up in everyday time: one minute is 1/60 of an hour. It can also describe any situation where one small part is taken from 60 equal parts.
To picture it quickly, imagine a circle or a bar split into 60 equal pieces, with just one piece shaded. As a rough estimate, it’s a little less than 2 out of every 100.
A common point of confusion is forgetting what the whole amount is. One minute is 1/60 of an hour, but it is not 1/60 of a day.