The fraction 10/24 is equal to 41.67% when converted to a percentage and rounded to two decimal places. This means that 10 out of 24 parts represent about 42% of the whole. It's a bit less than half, which would be 12/24 or 50%.
In everyday situations, you might come across this fraction or percentage. For example, if 10 out of 24 students in a class wear glasses, that's about 42% of the class. Or if you complete 10 out of 24 tasks on your to-do list, you've finished around 42% of your work. Understanding these equivalents can help you quickly grasp proportions in various contexts.