The fraction 1/72 is equal to 1.39% when converted to a percentage and rounded to two decimal places. This small percentage represents a tiny portion of a whole, just over one percent. It's not a common fraction you'd encounter in everyday life, but it can pop up in certain calculations or specific fields.
To put 1.39% into perspective, it's roughly equivalent to 1 out of 72 items in a group. For example, if you had a bag of 72 marbles and picked one at random, you'd have a 1.39% chance of selecting any specific marble. This fraction and percentage are useful in various situations, from probability calculations to financial analysis, where precise small values are important.
