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 on a savings account or analyzing small changes in statistics. While it may seem insignificant, even small percentages like this can make a difference when dealing with large numbers or over long periods of time.
