The fraction 1/99 is equal to 1.01% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just over one hundredth of a whole. It's a tiny slice of the pie, barely more than 1%.
To put this in perspective, if you had 99 jellybeans and gave away just one, you'd be left with 98/99 of the original amount. That one jellybean you gave away? That's 1/99 of the total, or about 1.01%. It's not much, but it's still something. In real-world scenarios, this percentage might come up in very precise measurements or calculations where even small amounts matter.
