The fraction 12/15 is equal to 80.00% when converted to a percentage and rounded to two decimal places. This means that 12 out of 15 parts represent 80% of the whole. It's a common fraction that comes up in various real-world situations, from academic grading to statistical analysis.
In practical terms, 12/15 or 80% can be useful for understanding proportions. For example, if 12 out of 15 students passed a test, you could say that 80% of the class was successful. This fraction and its percentage equivalent are often used in fields like finance, sports statistics, and data analysis to express ratios and probabilities in an easily understandable format.