The fraction 1/96 is equal to 1.04%. This tiny percentage shows just how small a part of a whole it represents.
In everyday language, 1/96 means you have one piece out of ninety‑six equal pieces. Imagine a cake cut into 96 slices; taking just one slice gives you about 1.04% of the cake.
Because the percentage is so low, it’s often used to describe rare events or very small measurements, like a tiny error margin in a survey.
Keep in mind that rounding to two decimal places makes the number easy to read while still showing the true size of the fraction.