The fraction 1/89 is equal to 1.12% 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-hundredth. It's the kind of number you might encounter in statistics or probability calculations, but it's not something you'd typically see in everyday life.
To put 1.12% into perspective, it's roughly equivalent to 1 out of 89 items in a group. For example, if you had a bag of 89 marbles and picked one at random, you'd have a 1.12% chance of selecting any specific marble. This fraction and its percentage form are useful in various fields, including finance, science, and data analysis, where precise measurements and calculations are important.
