The fraction 12/60 is equal to 20.00% when converted to a percentage and rounded to two decimal places. This means that 12 out of every 60 parts represents one-fifth of the whole. It's a common fraction that comes up in various everyday situations, from time measurements to basic statistics.
In practical terms, 12/60 or 20% is often encountered in scenarios like test scores, sales discounts, or even in cooking recipes. For instance, if a store offers a 20% discount on an item, it's essentially reducing the price by 12/60ths of the original cost. Understanding this fraction and its percentage equivalent can be helpful in quickly estimating values or making mental calculations in daily life.
