The fraction 1/95 is equal to 1.05% when expressed as a percentage (rounded to the nearest two decimal places). This small percentage represents a tiny portion of a whole, just over one hundredth. 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 this fraction into perspective, imagine a large group of 95 people. If you were to select just one person from that group, they would represent 1/95 of the total. This same concept applies to other scenarios, like dividing a pizza into 95 slices (though that would be some seriously tiny slices!) or breaking down a dollar into 95 equal parts. While 1/95 might seem insignificant on its own, it can add up quickly when dealing with larger numbers or repeated occurrences.