The fraction 5/48 is equal to 10.42% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just over one-tenth of a whole, or about 1 out of every 10 parts. It's a relatively low percentage, falling between 10% and 11%.
In everyday situations, you might encounter 5/48 or 10.42% in various contexts. For example, it could represent the chance of a specific outcome in a probability scenario, a small portion of a budget allocation, or a modest increase in a statistic. While not a common fraction in daily life, understanding its percentage equivalent can be useful for quick mental calculations or estimations.
