The fraction 14/62 is equal to 22.58% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and selected 14 of them, you'd have chosen about 22.58% of the total. It's a bit less than a quarter, which would be 25%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 14 out of 62 students in a class got an A on a test, you could say that 22.58% of the class aced it. Or if 14 out of 62 days in a two-month period were rainy, you'd know that it rained roughly 22.58% of the time during those months.