The fraction 2/60 is equal to 3.33% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, just over 3 parts out of 100. It's a useful figure to know in various everyday situations, like calculating discounts or understanding probabilities.
In practical terms, 2/60 or 3.33% could be used to describe things like a small chance of rain, a minor increase in sales, or a slight discount on a purchase. While it may seem insignificant, even small percentages can make a difference in certain contexts, especially when dealing with large numbers or repeated occurrences.
