The fraction 2/72 is equal to 2.78% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, less than 3%. To put it in perspective, if you had a large pizza cut into 72 slices, 2/72 would be equivalent to having only 2 of those slices.
In everyday situations, you might encounter 2/72 or 2.78% in various contexts. For example, it could represent the chance of a rare event occurring, a small discount on a purchase, or a minor increase in a statistic. While it may seem insignificant, even small percentages can make a difference in certain scenarios, especially when dealing with large numbers or repeated occurrences.