3/65 = ≈4.62%
Rounded to 2 decimal places.
A value like 4.62% might describe the share of customers who choose a certain item, or the portion of a class that joins a particular club. It represents a small part of a larger group.
To picture it quickly, think of about 5 people out of every 100. That’s close enough for a rough estimate, though the exact share is a little lower.
One common mix-up is reading 4.62% as 4.62 rather than as a percentage. The percent sign means the value is less than one whole, not several whole units.