1/88 = ≈1.14%
Rounded to 2 decimal places.
The fraction 1/88 is about 1.14%, a small share you might see when tracking how often something happens. For example, if 1 out of 88 items in a shipment is damaged, that’s roughly the kind of percentage we’re talking about.
A quick way to picture it is just over 1 person out of every 100, or about 1 in 90. It’s small, but not so tiny that you’d expect it to happen only once in thousands of cases.
One common mix-up is reading 1.14% as if it were 1.14, or 114%. The percent sign matters: 1.14% is only a little more than one whole percent.