The fraction 12/29 is equal to 41.38% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the proportion of 12 parts out of a total of 29 parts. It's a bit less than half, which would be 50%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 12 out of 29 students in a class prefer pizza over burgers for lunch, you could say that 41.38% of the class likes pizza better. Or if you're looking at survey results and 12 out of 29 respondents agree with a statement, you'd be dealing with this same percentage.
