The fraction 12/26 is equal to 46.15% when converted to a percentage and rounded to two decimal places. This means that 12 out of 26 parts represent just under half of the total. It's a bit less than 50%, which would be exactly half.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 12 out of 26 students in a class prefer pizza over burgers for lunch, you could say that 46.15% of the class likes pizza better. Or if you're looking at survey results and 12 out of 26 respondents agree with a statement, you'd know that slightly less than half of the group agrees.
