12/88 as a percentage is 13.64%. This number tells you how much of a whole the fraction represents when you look at it on a scale of 100.
The fraction 12/88 can also be reduced to 3/22, which is a simpler way to see the same proportion. Whether you use the reduced form or the original, they both point to the same size relative to the whole.
In everyday life, you might see this percentage when comparing small parts of a larger group, like a class of 88 students where 12 have a certain characteristic. Saying 13.64% makes the comparison quick and easy to understand.