The fraction 11/73 is equal to 15.07% when converted to a percentage and rounded to two decimal places. This means that if you had 73 items and took 11 of them, you'd have about 15% of the total. It's a relatively small percentage, representing less than one-fifth of the whole.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales figures, or statistical data. For example, if 11 out of 73 students passed a difficult exam, you could say that 15.07% of the class succeeded. While it's not a common fraction in daily life, understanding how it relates to its percentage equivalent can be useful in various contexts.