The fraction 3/58 is equal to 5.17% when converted to a percentage and rounded to two decimal places. This small percentage represents just over 5 parts out of 100, or about 1/20th of the whole. It's a relatively low percentage, indicating that 3/58 is a fairly small fraction overall.
To put this in perspective, if you had a pizza cut into 58 slices and took 3 of them, you'd have about 5.17% of the pizza. Similarly, if you had a group of 58 people and chose 3 at random, you'd be selecting about 5.17% of the group. This percentage can be useful in various real-world situations, from calculating small portions to understanding probabilities in statistics.