The fraction 2/100 is equal to 2.00% when expressed as a percentage. This small percentage represents a tiny portion of a whole, just two parts out of every hundred. It's a common way to show very small amounts or probabilities in various fields like statistics, finance, and science.
You might encounter 2/100 or 2.00% in everyday situations too. For example, it could represent the chance of winning a raffle with 100 tickets if you buy two of them. In academics, it might be the difference between an A and an A+ grade on a test. In business, it could be a small discount on a purchase or a minimal increase in sales figures from one month to the next.