27/1357 = ≈1.99%
Rounded to 2 decimal places.
A fraction like 27/1357 can describe a very small share of a large group, such as 27 defective items in a shipment of 1,357 or 27 people in a survey of 1,357 participants. That works out to about 1.99%, so it represents only a small portion of the whole.
To picture it quickly, imagine 100 equal spots with only about 2 of them shaded. You can also think of it as roughly 2 out of every 100, even though the original fraction uses much larger numbers.
A common mistake is to treat 27/1357 as 27%, because the numerator is 27. The denominator matters just as much: since 1,357 is far larger than 100, the fraction is much closer to 2% than to 27%.