The fraction 3/50 can be expressed as a percentage, which is 6.00% when rounded to the nearest two decimal places. This percentage represents the portion of a whole that 3/50 represents. It's a small fraction, indicating that it's less than one-tenth of the total.
To put this in perspective, if you had a group of 50 people and needed to select 3 of them, you'd be choosing 6% of the group. Similarly, if you had $50 and spent $3, you would have used up 6% of your money. This fraction and its equivalent percentage are useful in various everyday situations, from calculating discounts to understanding poll results.