The fraction 1/60 is equal to 1.67% when expressed as a percentage. This small percentage represents a tiny portion of a whole, just over one and a half percent. It's a fraction we might encounter in various everyday situations, from cooking measurements to time calculations.
In practical terms, 1/60 or 1.67% is often used when dealing with minutes in an hour or degrees in a circle. For example, one minute is 1/60 of an hour, and one degree is 1/60 of the angle formed by two adjacent numbers on a clock face. This fraction also comes up in fields like finance, where small percentages can make a big difference over time, especially when dealing with large sums of money or long-term investments.
