The fraction 1/85 is equal to 1.18% 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 1.18% into perspective, it's roughly equivalent to 1 out of 85 items in a group. For example, if you had a bag of 85 marbles and picked one at random, you'd have a 1.18% chance of selecting any specific marble. This percentage is often used in fields like finance, science, or data analysis where precise measurements are important, even when dealing with small quantities or probabilities.
