The fraction 12/84 is equal to 14.29% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 84 that 12 makes up. It's a relatively small percentage, indicating that 12 is less than one-sixth of 84.
To put this in perspective, if you had 84 items and needed to take 12 of them, you'd be taking about 14.29% of the total. This could apply to various real-world situations, such as calculating discounts, analyzing survey results, or determining the composition of a mixture. Understanding percentages like this can be helpful in many everyday scenarios, from managing finances to interpreting data.