The fraction 11/89 is equal to 12.36% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of 11 parts out of a total of 89 parts. It's a relatively small percentage, indicating that 11/89 is less than one-eighth of the whole.
To put this in perspective, if you had a large pizza cut into 89 slices and took 11 of those slices, you'd have about 12.36% of the pizza. This fraction and its equivalent percentage might come up in various real-world situations, such as calculating probabilities, analyzing survey results, or determining the composition of a mixture.