The fraction 1/73 is equal to 1.37% 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 73 people and chose one at random, that single person would represent about 1.37% of the entire group. Similarly, if you had $73 and spent $1, you'd be using approximately 1.37% of your total money. While 1.37% might seem insignificant on its own, it can add up quickly when dealing with larger numbers or repeated occurrences.
