The fraction 3/100 is equal to 3.00% when expressed as a percentage. This small percentage represents just a tiny portion of a whole, barely more than a few hundredths. It's often used in various contexts, from academic grading scales to financial calculations.
In everyday life, you might encounter 3.00% in situations like interest rates on savings accounts or small discounts on purchases. While it may seem insignificant, even such a small percentage can add up over time or when applied to large numbers. Understanding these small fractions and percentages is useful for making informed decisions in many areas, including personal finance and data analysis.
