The fraction 1/78 is equal to 1.28% 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 could come up in certain specialized calculations or statistics.
To put 1.28% into perspective, it's roughly equivalent to 1 out of 78 items in a group. For example, if you had a bag of 78 marbles and picked one at random, you'd have a 1.28% chance of selecting any specific marble. This percentage is quite small, indicating that something occurring at this rate would be relatively rare or infrequent.
