The fraction 12/88 is equal to 13.64% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. The fraction represents a part-to-whole relationship, where 12 is the part and 88 is the whole.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, it could represent the portion of students in a class who prefer a certain subject, or the amount of a product that's on sale compared to its original price. Understanding fractions and their percentage equivalents can be helpful in making quick calculations and comparisons in daily life.