The fraction 14/63 is equal to 22.22% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 14/63 represents. 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 63 students in a class prefer pizza for lunch, you could say that 22.22% of the class likes pizza. Or if you're looking at a sales report and see that 14 out of 63 customers made a purchase, you'd know that about 22.22% of potential buyers actually bought something.