The fraction 2/100 is equal to 2.00% when expressed as a percentage. This small percentage represents just a tiny portion of a whole, equivalent to 2 parts out of 100. It's a common fraction used in various contexts, from academic settings to real-world applications.
In everyday life, you might encounter 2/100 or 2.00% in situations like interest rates, sales discounts, or statistical data. For example, a 2% discount on a purchase would mean you save $2 for every $100 spent. In population studies, it could represent a small subset of people within a larger group. Understanding this fraction and its percentage equivalent can help in making quick mental calculations and grasping proportions in different scenarios.
