24/1048 = ≈2.29%
Rounded to 2 decimal places.
A value like 24 out of 1,048 could describe a small group in a large community, such as 24 students who participate in a club at a school with 1,048 students. It might also represent a small number of defective products, survey responses, or people who choose a less common option.
You can picture 24 out of 1,048 as roughly 2 people out of every 100, or about 1 person in 50. That makes it easier to recognize that 2.29% is a small share, but not so tiny that it would almost never happen.
A common mistake is to focus on the 24 and forget that it is being compared with 1,048. The number 24 may sound large by itself, but its meaning changes depending on the total group size.