1/74 as a percentage is 1.35%. This tiny number shows how small a part of a whole it is when you look at it in everyday terms.
When you see 1.35% on a label or a chart, you know it means about one and a third out of every hundred. It’s useful for quick comparisons, like checking interest rates or seeing how much of a budget is spent on a single item.
The value 1.35% is rounded to two decimal places, so the exact fraction is a little bit different, but the rounded number is easy to read and works well for most practical purposes.
