The fraction 1/76 is equal to 1.32% 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 percent. 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 1.32% into perspective, it's roughly equivalent to 1 out of 76 items in a group. For example, if you had a bag of 76 marbles and picked one at random, you'd have a 1.32% chance of selecting any specific marble. This percentage is often used in fields like finance, probability, and data analysis where precise measurements of small quantities are important.
