The fraction 13/24 is equal to 54.17% when converted to a percentage and rounded to two decimal places. This means that if you had a pie cut into 24 slices and took 13 of them, you'd have a little over half the pie. It's a bit more than half, but not quite as much as three-quarters.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 13 out of 24 students in a class passed a test, you could say that 54.17% of the class succeeded. Or if a sports team won 13 games out of a 24-game season, their winning percentage would be 54.17%. This percentage is useful for comparing things that don't have the same total number, making it easier to understand relative amounts.