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 part in 10. It's a relatively low percentage, less than one-eighth (12.5%) of the total.
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 discount on a purchase. While not a large percentage, it's still significant enough to be noticeable in many practical applications.
