The fraction 1/61 is equal to 1.64% when expressed as a percentage (rounded to two decimal places). This small percentage represents a tiny portion of a whole, just over one and a half percent. It's not a common fraction you'd encounter in everyday life, but it does have some interesting properties.
In practical terms, 1/61 or 1.64% could be used to describe things like a very slim chance of an event occurring or a minor share in a larger whole. For example, if you owned 1/61 of a company, you'd have a very small stake in its ownership. Similarly, if there was a 1.64% chance of rain, you probably wouldn't bother carrying an umbrella.