1/97 = ≈1.03%
Rounded to 2 decimal places.
A value like 1/97, or about 1.03%, can describe a small share of something in everyday life, such as a few items in a large batch being damaged. It can also show up as a rough chance or a tiny portion of a survey group.
A quick way to picture it is to think of about one person or item out of every 100. Since 1/97 is just a little larger than one out of 100, 1.03% is a useful estimate when you need a sense of scale.
One common mix-up is treating 1.03% as 1.03 items, rather than as a share of a whole. The actual number of people or objects depends on how large the group is.