1/89 = ≈1.12%
Rounded to 2 decimal places.
A value like 1.12% can show up as a small fee, a product defect rate, or the share of people in a survey who chose a less common answer. In everyday settings, it usually describes a small part of a much larger group.
To picture it quickly, imagine about one person out of 90, or just a little more than one out of every 100. That makes it easier to see that the amount is small, but not zero.
A common mix-up is reading 1.12% as if it were 1.12, which would mean 112%. The percent sign matters: 1.12% is only a small fraction of the whole.
