The fraction 2/66 is equal to 3.03% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents about 3 parts out of every 100, or roughly 1 part in 33. While it may seem like a tiny amount, percentages like this can be significant in certain contexts, such as interest rates or statistical analyses.
In everyday life, you might encounter similar small percentages when looking at things like the chance of rare events occurring or small changes in large-scale measurements. For example, a 3.03% increase in a company's annual revenue could represent millions of dollars for a large corporation. Understanding these small percentages helps us make sense of subtle changes and proportions in various fields, from finance to science.
