The fraction 1/71 is equal to 1.41% when expressed as a percentage (rounded to 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 1.41% into perspective, it's roughly equivalent to 1 out of 71 items in a group. For example, if you had a bag of 71 marbles and picked one at random, you'd have a 1.41% chance of selecting any specific marble. This percentage is quite small, indicating that something occurring at this rate would be relatively rare or infrequent.