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 in various situations. For example, a 3% sales tax on a purchase, a 3% annual raise in salary, or a 3% chance of rain in the weather forecast. These small percentages can add up over time or across large numbers, making them important to consider in many real-world scenarios.
