The fraction 12/27 is equal to 44.44% when converted to a percentage and rounded to two decimal places. This means that if you had 27 items and selected 12 of them, you'd be choosing about 44% of the total. It's a bit less than half, but more than a third.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For instance, if a recipe calls for 12/27 of a cup of an ingredient, you could think of it as using around 44% of that cup. Understanding these equivalents can be helpful in various real-world scenarios.