The fraction 3/64 is equal to 4.69% when converted to a percentage and rounded to two decimal places. This small percentage represents just a tiny portion of a whole, less than one-twentieth. It's the kind of number you might encounter in precise measurements or calculations, but not often in everyday life.
To put 3/64 or 4.69% into perspective, imagine a pizza cut into 64 slices. If you took just 3 of those slices, you'd have this fraction. Or think of a 100-meter race where you've only run about 4.7 meters - you've barely left the starting line! While it may seem insignificant, in some contexts, even small percentages like this can make a big difference, especially when dealing with large quantities or sensitive measurements.