The fraction 3/78 is equal to 3.85% 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. It's the kind of number you might encounter when looking at very specific statistics or precise measurements.
In everyday life, you probably won't come across 3/78 or 3.85% very often. However, it could show up in certain situations, like calculating a small discount on a purchase or measuring a minor change in some data. While it may seem insignificant, even small percentages can be important in fields like finance, science, or engineering where precision matters.