The fraction 1/69 is equal to 1.45% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, just over one-hundredth. 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 in perspective, if you had a group of 69 people and needed to select just one, that single person would represent about 1.45% of the entire group. Similarly, if you had a large pizza cut into 69 slices (which would be quite a feat!), taking just one slice would give you roughly 1.45% of the whole pizza. While it's a small amount, it's still more than 1%, making it noticeable in some contexts.