The fraction 11/55 is equal to 20.00% when converted to a percentage and rounded to two decimal places. This means that if you had 55 items and took 11 of them, you'd have about 20% of the total. It's a handy way to think about fractions in terms of parts per hundred.
In everyday life, you might come across this fraction in various situations. For example, if 11 out of 55 students in a class wore glasses, you could say that 20% of the class wears glasses. Or if you completed 11 pages of a 55-page book, you'd be about 20% done with your reading. Understanding fractions and their percentage equivalents can help make sense of data and proportions in many real-world scenarios.