The fraction 14/77 is equal to 18.18% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of 77 that 14 makes up. It's a relatively small percentage, less than one-fifth of the total.
To put this in perspective, if you had 77 items and took away 14 of them, you'd be left with about 82% of the original amount. This fraction and its equivalent percentage could be useful in various real-world situations, such as calculating discounts, determining proportions in recipes, or analyzing data in statistics.