The fraction 14/58 is equal to 24.14% when converted to a percentage and rounded to two decimal places. This means that if you had 58 items and selected 14 of them, you'd be choosing about a quarter of the total. It's a bit less than one-fourth, which would be 25%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 14 out of 58 people in a class passed a difficult exam, you could say that 24.14% of the students succeeded. This percentage gives a clearer picture of the proportion than the fraction alone, especially when comparing different-sized groups.