5.00% is what you get when you turn the fraction 3/60 into a percentage.
The fraction 3/60 can be reduced to 1/20, which means it represents one part out of twenty equal parts. It’s a very small portion, but it shows up in many everyday situations, like a tiny slice of a pie or a brief moment in a day.
Knowing that 3/60 equals 5.00% helps you compare it easily with other numbers. Percentages make it simple to see how big or small a part is relative to the whole, whether you’re looking at discounts, grades, or statistics.