The fraction 14/29 is equal to 48.28% when converted to a percentage and rounded to two decimal places. This means that if you had 29 items and took 14 of them, you'd have about 48% of the total. It's a bit less than half, but pretty close.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe calls for 14/29 of a cup of flour, you could think of it as roughly 48% of a full cup. While it's not a common fraction to see, understanding its percentage equivalent can make it easier to work with in practical applications.