The fraction 3/74 expressed as a percentage is 4.05%. This tiny slice of a whole shows how a small number can still be meaningful when you look at it in percent form.
In everyday situations, such a percentage might represent a tiny tax rate, a slight discount, or a very small chance of an event happening. Even though the number is small, it can still have a noticeable effect when applied to large totals.
When we round the result to two decimal places, we get 4.05%, which makes it easy to read and compare with other percentages. This level of precision is common in reports, spreadsheets, and simple calculations.
