The fraction 12/77 is equal to 15.58% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 77 that 12 makes up. It's a relatively small percentage, indicating that 12 is less than one-sixth of 77.
To put this in perspective, if you had a pizza cut into 77 slices and took 12 of them, you'd have about 15.58% of the whole pizza. This fraction and its equivalent percentage might come up in various real-world situations, such as calculating probabilities, analyzing survey results, or determining portions in recipes. Understanding how fractions relate to percentages can be helpful in many everyday scenarios.