The fraction 1/60 is equal to 1.67% when expressed as a percentage. This small fraction represents just a tiny sliver of a whole, barely more than one and a half percent. It's the kind of number you might encounter when dealing with very precise measurements or calculations.
In everyday life, 1/60 or 1.67% isn't something you'd come across too often. However, it could pop up in certain situations. For example, if you're looking at interest rates for savings accounts or loans, you might see rates around this percentage. Or in sports statistics, a player with a 1.67% success rate in a particular skill would be considered to have pretty low performance in that area.
