The fraction 4/96 is equal to 4.17% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, less than one-twentieth. It's the kind of number you might encounter when looking at very precise measurements or statistics.
In everyday life, you probably won't come across 4.17% very often. It's more common to see percentages like 5% or 10%. However, in certain fields like finance or science, even small percentages like this can be significant. For example, a 4.17% increase in sales might be a big deal for a large company, or a 4.17% concentration of a chemical could make a big difference in an experiment.
