3/201 = ≈1.49%
Rounded to 2 decimal places.
A fraction like 3/201 can describe a small everyday rate, such as 3 people out of 201 customers choosing a certain option or 3 items out of 201 having a defect. That is about 1.49%, so it represents a result that happens only occasionally.
To picture 3/201 quickly, imagine a group of about 200 people and select just 3 of them. It is a little less than 1.5%, or roughly 1 person in every 67.
A common mistake is to treat 3/201 as if it were close to 3%, since the numerator is 3. The denominator matters just as much: when the total is around 200, three parts make up a much smaller share.