3/97 = ≈3.09%
Rounded to 2 decimal places.
A value like 3/97, or about 3.09%, might show up when comparing a small number of items with a much larger group. For example, it could describe 3 defective products in a shipment of 97, or 3 students out of 97 who choose a particular option.
To picture it quickly, imagine 100 objects spread out in a row and highlight about 3 of them. Since 3/97 is just a little more than 3 out of 100, estimating it as roughly 3% works well in everyday situations.
A common mistake is to think 3/97 is close to 3/100 exactly, even though its percentage is slightly higher. Another point of confusion is that 3.09% still represents a small share; the decimal does not mean 3.09 whole items.