The fraction 1/68 is equal to 1.47% when converted to a percentage and rounded to two decimal places. This small percentage represents a tiny portion of a whole, just slightly more than one and a half percent. It's the kind of number you might encounter in statistics or probability calculations.
In everyday life, you might see 1.47% used to describe things like a small increase in sales, a minor change in a poll result, or a slight adjustment to an interest rate. 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. For example, a 1.47% increase in a million-dollar budget would still result in an additional $14,700.
