The fraction 11/26 is equal to 42.31% when converted to a percentage and rounded to two decimal places. This means that if you had 26 equal parts of something and took 11 of those parts, you'd have about 42% of the whole. It's a bit less than half, but more than a third.
In everyday life, you might come across this fraction in various situations. For example, if 11 out of 26 students in a class wore glasses, you could say that 42.31% of the class wears glasses. Or if you completed 11 out of 26 tasks on your to-do list, you'd have finished about 42% of your work. Understanding fractions and their percentage equivalents can be helpful in many real-world scenarios.