The fraction 3/76 is equal to 3.95% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just a tiny portion of a whole, less than one-twentieth or 5%. It's the kind of number you might encounter in statistics or probability calculations, where small chances or proportions are often discussed.
In everyday life, you probably won't come across 3/76 or 3.95% very often. However, it could show up in situations like calculating a very small discount on a purchase, or representing a rare occurrence in a large dataset. While it may seem insignificant, even small percentages like this can be important in certain contexts, especially when dealing with large numbers or precise measurements.