1/84 = ≈1.19%
Rounded to 2 decimal places.
A value like 1/84, or about 1.19%, can show up when a small number of items in a larger group have a certain feature. For example, if one out of 84 customers in a shop uses a particular payment method, that share is close to 1.19%.
To picture it quickly, imagine a grid of 84 tiny squares with just one shaded in. It’s a little more than one square out of every 100, so it represents a very small share.
A common point of confusion is treating 1.19% as if it means 1.19 out of 84. The percent is a share out of 100, while 1/84 describes one part of a group of 84.