The fraction 13/40 is equal to 32.50% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 13/40 represents. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might come across 13/40 or 32.50% in various contexts. For example, if 13 out of 40 students in a class prefer pizza for lunch, that's 32.50% of the class. Or if you're looking at a sale where an item is discounted by 13/40 of its original price, you'd be saving 32.50%. Understanding these equivalent forms can be helpful in making quick calculations or comparisons in daily life.