The fraction 12/66 is equal to 18.18% when converted to a percentage and rounded to two decimal places. This percentage represents the proportion of 12 parts out of a total of 66 parts. It's a relatively small percentage, indicating that 12/66 is less than one-fifth of the whole.
To put this in perspective, if you had a large pizza cut into 66 slices and took 12 of those slices, you'd have about 18.18% of the pizza. This fraction and its equivalent percentage might come up in various real-world situations, such as calculating probabilities, analyzing survey results, or determining partial quantities in recipes or measurements.