The fraction 5/58 works out to 8.62% when expressed as a percentage. It’s a small slice of a whole, just under one‑tenth, which makes it easy to picture in everyday situations.
Because 5 out of 58 parts are taken, the value sits between common fractions like 1/12 (about 8.33%) and 1/10 (exactly 10%). This places it in a range that often shows up in discounts, test scores, or simple probability questions.
In practical terms, you might see 8.62% as a modest interest rate, a tiny tax increase, or a modest gain on a small investment. Rounding to two decimal places keeps the number clear and usable without overwhelming detail.
