1/88 is 1.14%. This tiny fraction shows up when you split something into 88 equal parts and take just one of those parts. It’s a very small slice of the whole.
Because 1/88 is so small, it is useful for describing things like tiny error rates or rare events. For example, if a game has 88 possible outcomes and only one is a win, the chance of winning is about 1.14 %. It’s a handy way to see just how unlikely something is.
When you work with percentages, rounding to two decimal places keeps the number easy to read while still being fairly accurate. So whenever you see 1.14%, you can think of it as one part out of 88.
