The fraction 1/98 is equal to 1.02%. This tiny portion shows up often when dealing with large groups or tiny probabilities, and it’s useful to see it as a percentage for quick comparisons.
When you think of 1/98 in everyday terms, imagine having one special item out of a collection of ninety‑eight. That single item represents just over one percent of the whole set, which is why the percentage is a handy way to describe it without using fractions.
In many practical situations—like calculating a small discount, a tiny tax rate, or a low chance of an event—knowing that 1/98 corresponds to about 1.02% helps you make fast, understandable decisions.
