The fraction 12/40 is equal to 30.00% when converted to a percentage and rounded to the nearest two decimal places. This means that 12 out of every 40 parts represents 30% of the whole. It's a simple fraction that comes up in various everyday situations, from calculating discounts to measuring progress on tasks.
Understanding percentages like this can be helpful in many areas of life. For example, if you're looking at a test score where you got 12 questions right out of 40, you'd know you scored 30%. Or if you're tracking a savings goal and have set aside $12 out of a $40 target, you've reached 30% of your goal. These kinds of calculations pop up more often than you might think, making it useful to recognize common fraction-to-percentage conversions.
