The fraction 11/20 is equal to 55.00% when converted to a percentage and rounded to two decimal places. This means that if you had 20 equal parts of something and took 11 of those parts, you'd have 55% of the whole. It's a bit more than half, which makes sense since 11 is a little over half of 20.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 11 out of 20 people in a group prefer chocolate ice cream, that's 55% of the group. Or if you answered 11 questions correctly on a 20-question test, you'd have scored 55%. It's a useful fraction to know, as it's close to common percentages like 50% (half) and 60% (three-fifths).