The fraction 1/83 as a percentage is 1.20%. This is the rounded value you get when you express the tiny part of a whole that 1/83 represents.
Because 1 is a very small piece of 83, the percentage is low. It shows that for every 100 parts, only a little more than one part is covered by the fraction. This makes it easy to compare with other small fractions or percentages.
In everyday use, you might see 1.20% when dealing with interest rates, survey results, or any situation where a very small portion of a whole matters. Rounding to two decimal places keeps the number clear and simple to read.