The fraction 13/31 is equal to 41.94% when converted to a percentage and rounded to two decimal places. This means that if you divide 13 by 31, you'll get a decimal that's just under half. It's a bit less than half because 50% would be 15.5/31, and 13 is smaller than 15.5.
In everyday situations, you might come across this fraction or percentage when dealing with parts of a whole or probabilities. For example, if 13 out of 31 people in a group prefer chocolate ice cream, you could say that 41.94% of the group likes chocolate best. This percentage gives a clearer picture of the proportion compared to just saying "13 out of 31" for many people.