The fraction 13/55 is equal to 23.64% when converted to a percentage and rounded to two decimal places. This means that if you had a group of 55 items, 13 of them would represent about 23.64% of the total. It's a relatively small percentage, less than a quarter of the whole.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 13 out of 55 students in a class got an A on a test, you could say that 23.64% of the class aced the exam. Or if 13 out of 55 days in a period were rainy, you'd know that it rained about 23.64% of the time. This fraction and its percentage equivalent can be useful for quick mental calculations and understanding proportions in different scenarios.