1/97 = ≈1.03%
Rounded to 2 decimal places.
A value like 1.03% might describe about one person in a group of 97 who chooses a certain option, or roughly one item out of 97 that has a flaw. In everyday situations, it’s a small share rather than something you’d expect to see often.
To picture it quickly, imagine 100 people lined up: about one person represents this share. It’s just a little more than 1%, so “about one in a hundred” is a useful estimate.
A common mix-up is treating 1/97 as exactly 1%. It’s close, but the actual share is slightly higher, so the difference can matter when working with large groups.
