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 how much of a whole the fraction represents. In other words, if you had 40 equal parts of something and took 13 of those parts, you'd have 32.50% of the total.
To put this into perspective, 32.50% is a bit less than one-third of a whole. It's more than a quarter (25%) but less than half (50%). This fraction or percentage might come up in various real-world situations, like calculating discounts, measuring ingredients in cooking, or figuring out probabilities in games of chance.