The fraction 11/88 is equal to 12.50% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 11/88 represents. It's a fairly small percentage, just over one-eighth of the total.
To put this in perspective, if you had a pizza cut into 88 slices and took 11 of them, you'd have about 12.50% of the pizza. This fraction and percentage can be useful in various real-world situations, such as calculating discounts, analyzing data, or determining proportions in recipes or scientific experiments.