The fraction 5/100 is equal to 5.00% when expressed as a percentage. This small percentage represents a tiny portion of a whole, just one-twentieth or 5 parts out of 100. It's a common fraction seen in various contexts, from test scores to financial calculations.
In everyday life, you might encounter 5/100 or 5.00% in situations like interest rates on savings accounts, small discounts on purchases, or even as a low probability of an event occurring. While it may seem insignificant, small percentages can add up over time or when applied to large numbers. Understanding these small fractions and percentages is useful for making informed decisions in many areas of life.