The fraction 5/67 is equal to 7.46% when converted to a percentage and rounded to two decimal places. This small percentage represents a relatively minor portion of a whole, less than one-tenth. It's the kind of figure you might encounter in various real-world scenarios, from test scores to financial calculations.
While 5/67 might not seem like much at first glance, it can still be significant in certain contexts. For instance, in a large population study, 7.46% could represent thousands of individuals. In business, it could be the difference between profit and loss on a tight margin. Understanding these small fractions and their percentage equivalents is crucial for accurate analysis and decision-making in many fields.