The fraction 1/67 is equal to 1.49% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, just barely over one percent. It's not a common fraction you'd encounter in everyday life, but it can be useful in certain calculations or statistical analyses.
To put this percentage into perspective, if you had a group of 67 people and chose one at random, that single person would represent about 1.49% of the entire group. Similarly, if you had $67 and spent $1, you'd be using approximately 1.49% of your total money. While it may seem insignificant, even small percentages like this can add up over time or when dealing with large numbers.
