The fraction 5/75 is equal to 6.67% when converted to a percentage and rounded to two decimal places. This small percentage represents a relatively minor portion of a whole, just over 1/15th. It's a useful figure to know for various everyday calculations and comparisons.
In practical terms, 6.67% could be used to describe things like a small discount on a purchase, a modest increase in sales, or a minor change in statistics. While it may seem insignificant at first glance, even small percentages can add up over time or when applied to large numbers. Understanding these smaller fractions and percentages helps in making informed decisions in various aspects of life, from personal finance to data analysis.